Another Government Bailout?

This whole idea that the president of the United States should meet with hard-pressed auto chiefs got me thinking: why?

Is it the president's job to clean up after management's mistakes?

Is it the president's job to revisit labor contracts that made financial sense decades ago, but seem like costly albatrosses today?

Is it the president's job to make more competitive automobiles or the companies whose job it is to manufacture them?

All I know is that if you make a good product at a good price, you'll have a good future. If you don't, you won't.

It's like my business. I'm as good as my ratings: Here when they're up, gone when they're not.

Life is cruel and as John F. Kennedy once said, life is unfair too. Get used to it.

All I know is it's not the government's job to make things right.

It's not the government's job to bail out clueless, incompetent management. Because it's not the government's job to decide winners in industry, it's the free market's.

I just think it's a slippery slope when you start cherry-picking those you help, and those you abandon. That's not the government's job. That's the consumer's job.

This is not to say the U.S. auto industry isn't doing some things right. It's just that it's overcoming a long period when it did a lot of things wrong.

All I know is somehow Toyota and Honda operating factories in this country have found a way to make a buck in this country.

Maybe the Big Three should suck up to them for advice and not the president for a bailout.

Click here to order your signed copy of Neil's book, "Your Money or Your Life."

Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to

Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World with Cavuto - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In. Click here for more on Neil Cavuto.