As politicians on both sides of the border struggle with the issues of bailing out the Big Three automakers, it might be worth their while to look at the worst-case scenario. No, it’s not the imminent bankruptcies of these companies if government funding doesn’t come through right now; it’s the imminent bankruptcies that will ensue a year or two down the line as no amount of corporate bailouts and reshuffling of debt will fix the problems that are at the root of US automakers woes.
