Spinning the Auto Bailout

Jun 06, 2011 11:25 AM
Opinion

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Spinning the Auto Bailout
As I have noted before, the Obama team’s emphasis on its “achievement” in the car bailout is of dubious value. There are the political downsides, most especially the public’s distaste for anything with “bailout” in a sentence. But it is the merits of the case that remain the most problematic, and they suggest how little the administration understands the core problems with the now very obviously flagging economy.
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