Chrysler's Sweetheart Deal

The press is playing up the deal to save Chrysler as an example of tough bargaining by the government. As Mickey Kaus shows (and we predicted), it's nothing of the sort. Once again the strategy is clear: The administration talks tough, but essentially gives in and hopes no one notices.

At some point, the voters are going to notice whether or not Obama's economic programs are actually working and how much money actually went out of their pockets into someone else's.  And when they do, watch out. As well as the administration is doing in some other areas, its economic policies continue to be a disaster. And if they don't work, nothing else matters.