By Siding With Trump, Automakers Are Guaranteeing They’ll Need Another Government Bailout

Because General Motors, Fiat Chrysler and Toyota will be building cars in the U.S. they cannot sell anywhere else in the world, since most other countries already have stronger pollution and fuel efficiency standards.

So if something bad happens to the U.S. economy again: BAM! BAILOUT!

We’re not saying they’ll necessarily need a fistful of taxpayer guaranteed cash like they got when the U.S. government bailed out the auto industry at the end of 2008. Nor are we saying the government will again have to use taxpayer money to buy up auto industry stock.

We are saying it makes this Tweet from Trump utterly absurd:

Carmakers didn’t mess up because California was putting undue pressure on them. Nor were they a first-line victim of the financial crisis. They got into trouble because they made products that weren’t fuel efficient enough, so when people became poorer as a result of the Recession, and gas prices went up…