Frankly, I'd be perfectly content to let General Motors collapse under the weight of its pension and insruance obligations. I don't think Willie Green would be too happy about that, though. I can not speak for Willie but I would be perfectly happy to have any Company that can not meet its pension and Insurance obligations go under if teh alternative is increased sociaism. However, tariffs where appropriate (not automobiles at this time) are an alternative to sociaism when government practices have caused theproblems in teh first place. besides they are a very good way to raise revenue so the income tax could be lowered.
In general, I don't have a problem with tariffs, either. But assessing tariffs in this nation's economic climate is absolutely moronic, because we would then have both income taxes
and tariffs to contend with. Taxpayers wouldn't even be able to afford those products that are supposedly being protected by the tariffs!
If this sounds familiar, it is -- it's called "the European system."