GM’s profits: Nothing to gloat about

posted by
May 15, 2011
Cato Institute
by Daniel J. Ikenson  
Posted in Commentary

"While bailout enthusiasts hail GM's first-quarter earnings as proof that the administration saved the auto industry, President Obama should know better than to gloat. No such feat was accomplished and the imperative of extricating the government from GM's operations has yet to be achieved." (05/12/11)

http://www.cato.org/pub_display.php?pub_id=13104  

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