Steve Rattner, the auto bailout czar, says we should bail out the city of Detroit:
But apart from voting in elections, the 700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems than were the victims of Hurricane Sandy for theirs, and eventually Congress decided to help them.
Got that? Apart from the fact that Detroit’s ruin is entirely man-made, caused by irresponsible politicians elected by foolish voters, yes, Detroit is just exactly like a natural disaster.
No, there must be consequences for folly, or folly will reign supreme.
(Via James Taranto.)
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