General Motors exited bankruptcy on Friday in just about 40 days. That’s about two days less than it took the much small Chrysler to get out of bankruptcy. Leaving aside whether government intervention was the right answer or not, getting both companies out of chapter 11 so quickly is amazing.
What certain Republicans would have you believe is not necessarily true. Government can work and it can move quickly. Granted, it doesn’t happen every time out, but GM proves that the system can work well.
Let’s keep that in mind as the health care debate continues.
