A2: Auto Industry

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A Freep article about the ailing auto industry quotes Sean McAlinden, chief economist at the Center for Automotive Research in Ann Arbor: “We’ve never seen a situation so dire for all three companies at one time. What I think is really needed is a straight, flat-out bailout – $15 billion in cash, with no restrictions except that it be spent in the United States – to carry these firms through to 2011, when this recession is over.” [Source]