Showing archive for: “Public Economics: Taxation”
Government Ownership of GM: Hands-Off Rhetoric Versus Jawboning Reality
In his recent speech on the GM bankruptcy, President Obama reassured Americans that the government, which now holds 60% of GM’s stock, is not going to try to take over management of the company: What we are not doing, what I have no interest in doing, is running GM. GM will be run by a ... Government Ownership of GM: Hands-Off Rhetoric Versus Jawboning Reality