BIG 3 SUFFER HUGE LOSSES, QUADRUPLE PRICE OF NEW VEHICLES!

Can you imagine such a headline? Of course not! Competition would not allow it. Stockholders would not stand for it. Rather, heads would roll! Painful but essential emergency cost-cutting measures would immediately be implemented. Ineffective and redundant managers would be shown the Exit. Staff would be trimmed to the bone. Wages and benefits would be renegotiated. Inefficiencies would be ferreted out and exorcised with missionary zeal. The Public Sector, insulated from marketplace pressures, opts, instead, for "revenue enhancement"!