Would Reagan have bailed out Chrysler like Obama did?

Zarathustra

New member
those who know history, don't spoil it ;-)
Jeeper: Reagan vocally opposed the law right up until he vocally supported it (some republicans gave him the memo).
 
Why do people keep insisting that Regan bailed out Chrysler.

Carter signed the bailout law before reagan was elected.

Reagan did not take office until January 1981.

The Bailout was in 1980.
 
Why do people keep insisting that Regan bailed out Chrysler.

Carter signed the bailout law before reagan was elected.

Reagan did not take office until January 1981.

The Bailout was in 1980.
 
Well, I think that he might have actually done it, but any president worth his salt would have. It's annoying, but some corporations really are too big to fail. The effect of Chrysler going out of business on the US economy would be absolutely catastrophic.
 
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