A UW-Madison economist says any rescue plan for the auto industry should have a time limit.
Donald Hester says the idea behind any bail out package should be to help the auto makers avoid bankruptcy. He says they need enough help to stay in business for a few months, but then the decision on how much help to provide them in the future needs to come from the next administration.
Hester says major changes are obviously needed in the industry, after it's been badly managed for many years. He also says letting the car makers go bankrupt is a very risky proposition for the economy.
