June 3, 2009
After
President Obama unveiled his plan to nationalize General Motors,
G.M. Vice Chairman Robert Lutz exulted, "Their No. 1 goal is to
make us successful." Senior Editor Jacob Sullum argues that Obama
actually seems to have three No. 1 goals: turning a profit,
building cleaner cars, and creating American jobs. Sullum says
these priorities clash with each other, with the president's
professed desire to "get out quickly," and with his promise of "a
hands-off approach."
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