Plenty of Blame to Go Around
Jun. 2nd, 2009 12:38 pmI had to read this through three times.
"GM collapsed because the government forced the company to bear more of the costs of health-care and pensions than competitors like Toyota and Honda," said Jerry Gillespie, president of UAW Local 160.And what color is the sky in your world?
no subject
Date: 2009-06-02 09:23 pm (UTC)no subject
Date: 2009-06-02 09:28 pm (UTC)Aquamapurple
Date: 2009-06-02 10:01 pm (UTC)Okay, I'm speechless.
no subject
Date: 2009-06-03 12:11 am (UTC)Gang Green
Date: 2009-06-03 05:42 am (UTC)Uh, what about their famously rigid corporate culture? What about their famous inability to revamp or cut loose non-performing brands?
Oh, and Humvee. I rest my case.
no subject
Date: 2009-06-06 03:49 am (UTC)Quite a while back there were a lot of people who didn't want to own huge cars and I realized that Detroit wasn't listening.
GM's bankruptcy is sad, but not a surprise to me. What is surprising to me is that it didn't happen 20 years ago.