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    Back to To the Point

    To the Point

    Should Detroit Be Bailed Out?

    Democrats want $25 billion for Ford, Chrysler and GM, which auto experts warn could go under before the end of the year. The Bush White House and Senate Republicans say there are better ways to spend taxpayer-bailout money.

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    By Warren Olney • May 12, 2014 • 1 min read

    Democrats want $25 billion for Ford, Chrysler and GM, which auto experts warn could go under before the end of the year. The Bush White House and Senate Republicans say there are better ways to spend taxpayer-bailout money. Many insist that bad management and inferior products are to blame, and argue that a bailout will only postpone the inevitable. Directly and indirectly, the Big Three employ millions of people who buy goods and pay billions in taxes. Should they be washed down the drain? Could a bailout be used to force innovation, rewrite union contracts and clean out executive suites? We get several opinions.

    The full episode

    2 of 3
    Do the Big Three Deserve to Be Saved?
    1. 1:48Consumers Freeze in the Face of the Financial Crisis
    2. 7:46Should Detroit Be Bailed Out?You’re reading this
    3. 44:26How to Become a Policy Advisor to a Presidential Candidate
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Daniel Howes

      Detroit News

    • KCRW placeholder

      Kenneth Elias

      Partner, Maryann Keller and Associates

    • KCRW placeholder

      Mark Brenner

      Director, Labor Notes

      NewsNationalPolitics

    The full episode

    2 of 3
    Do the Big Three Deserve to Be Saved?
    1. 1:48Consumers Freeze in the Face of the Financial Crisis
    2. 7:46Should Detroit Be Bailed Out?You’re reading this
    3. 44:26How to Become a Policy Advisor to a Presidential Candidate
    Back to To the Point