In politics, victories are achieved by “minimum winning coalitions.” To the extent possible, each side does what it can to win, which involves selling the goods of victory to potential allies in exchange for their support. So grand coalitions that obtain 70% or 80% of the vote are unusual. Whatever side is losing will promise everything — up to and including kitchen sink bail-outs — in order to attract friends.
While flying cars are still off the agenda, GM, Ford, and Chrysler are beginning to hear what terms will be needed for them to form their minimum winning agenda.
The farm states sound like they can support a bail-out… in exchange for a massive increase in ethanol consumption. Others are talking about federal Volt fleets… or even a free trade agreement with Colombia.
Time is running on Detroit. The median home/condo price there is $9,250. (That is not a typo.)