Not Worth It
Written by Brian Garst, Posted in Free Markets
I recently sent the following letter to the LA Times:
Dear Editor,
The subheading of a recent editorial (“Kick the automakers’ tires first,” Nov. 11) declared that, “before getting any of the public’s money, the Big Three should have to prove they’re worth it.”
We already have a mechanism by which companies can prove they are worth the public’s money: the free market. In the free market, the public decides which companies are “worth it” by choosing which goods to purchase. Those businesses that thrive are worth it; those that don’t are not. The public has clearly decided that the Big Three fall into the latter group. The government should respect our judgment.
Sincerely,
Brian Garst
I serve as Vice President of the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. This site features my personal views, which are not reflective of CF&P.