Outrage over U.S. bailouts
- Share via
What happened to our market economy? How many businesses is the national government supposed to bail out when their own greed and incompetence causes failures? (“House OKs aid plan for automakers,” Sept. 25.)
Consumers voted by buying reliable, fuel-efficient foreign cars, and the car manufacturers still didn’t get the message. This $25-billion handout may be a drop in the bucket compared to the $700-billion Wall Street buyout, but to the citizen taxpayer already facing an astronomical national deficit, it is a lot of money.
Judith Fenton
Costa Mesa
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.