Re-inventing the auto industry vs. rescuing it

My preference would be to provide the domestic auto industry with assistance, but the plan must be carefully constructed to ensure that they re-orient themselves toward a path of fuel-efficiency, alternative fuels, and electric vehicles. We can't simply give them money to keep doing what they've been doing.

Ezra Klein wrote a bit today about the idea of offering to assist GM with its healthcare costs in exchange for aid.