Let Detroit Go Bankrupt

By The Daily Dish

David Brooks gets the balance perfectly right:

Is this country going to slide into progressive corporatism, a merger of corporate and federal power that will inevitably stifle competition, empower corporate and federal bureaucrats and protect entrenched interests? Or is the U.S. going to stick with its historic model: Helping workers weather the storms of a dynamic economy, but preserving the dynamism that is the core of the country’s success.

This article available online at:

http://www.theatlantic.com/daily-dish/archive/2008/11/let-detroit-go-bankrupt/208609/