This is an opinion item.
| Author(s)
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Thomas Friedman
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| Source
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The New York Times
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| Date
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December 10, 2008
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| URL
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http://www.nytimes.com/2008/12/10/opinion/10friedman.html?_r=1&hp
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| Quote
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"...our bailout of Detroit will be remembered as the equivalent of pouring billions of dollars of taxpayer money into the mail-order-catalogue business on the eve of the birth of eBay. It will be remembered as pouring billions of dollars into the CD music business on the eve of the birth of the iPod and iTunes. It will be remembered as pouring billions of dollars into a book-store chain on the eve of the birth of Amazon.com and the Kindle. It will be remembered as pouring billions of dollars into improving typewriters on the eve of the birth of the PC and the Internet."
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This item argues for the position US Domestic Politics / Saving outdated business models is not smart. on the topic US Domestic Politics.
