[Guest post by DRJ]
The TARP Inspector General reports the Obama Administration’s handling of the GM and Chrysler car dealership terminations needlessly cost American jobs:
“Treasury made a series of decisions that may have substantially contributed to the accelerated shuttering of thousands of small businesses,” investigators said.
Those decisions resulted in “potentially adding tens of thousands of workers to the already lengthy unemployment rolls – all based on a theory and without sufficient consideration of the decisions’ broader economic impact,” the report said.“
Why worry about the lives of bitter, clingy Americans when you have a crisis going to waste?