Should the big 3 be bailed out?

[Ccns23]

One good thing so far about the current crisis is that dealerships are closing. Why is that a good thing? Because we had way too many of them in some geographical areas. Out my way, you had 3 Dodge/Jeep/Chysler dealers within 10 miles of each other, 4 Cheverolet dealers, 4 Ford dealers, etc., etc. For comparison, there is only 1 Lexus dealer within 20 miles, 1 Acura Dealer, heck even the closest Porsche Dealer to me is about 20 or so miles away.

The US auto industry always seemed to be very aggressive on their sales forecasts for the year. Then, at the end of the year they are giving cars away. That's great for a consumer, but bad for the balance sheets. The dealership closings will help create a little bit of a demand for their vehicles since now consumers will have to put some effort into finding the one they want.