美国总统电台演说 2008-12-20
美国总统电台演说 2008-12-20
Prepared Remarks of President
George Walker Bush
Weekly Address
Saturday, December 20, 2008
THE PRESIDENT: Good morning. For years, America's automakers have faced serious challenges--burdensome costs, a shrinking share of the market, and declining profits. In recent months, the global financial crisis has made these challenges even more severe. Now some U.S. auto executives say that their companies are nearing collapse--and that the only way they can buy time to restructure is with help from the Federal government.
This is a difficult situation that involves fundamental questions about government's proper role. On the one hand, government has a responsibility not to undermine the private enterprise system. On the other hand, government has a responsibility to safeguard the broader health and stability of our economy.
Addressing the challenges in the auto industry requires us to balance these two responsibilities. If we were to allow the free market to take its course now, it would almost certainly lead to disorderly bankruptcy and liquidation for the automakers. Under ordinary economic circumstances, I would say this is the price that failed companies must pay -- and I would not favor intervening to prevent automakers from going out of business.
美国总统电台演说 | |
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