At the Congressional hearings with auto CEOs recently, one story said that U.S. automakers spend an extra $1500 on each car (vs. competitors) to pay for pension and health care obligations. LOL, these costs don't help Detroit. And the journalist asked something to this effect: "so Detroit is struggling because of that $1500...and the fact that it's known for making low-quality cars?" LOL. This is funny.
Go to Borders and get a Jim Collins' book, Good to Great, focusing on the importance of "Facing the Brutal Facts". Pretending that evil regulations are the primary cause of Detroit's fall does not help our automakers. Acknowledging that they were making the wrong cars at the wrong time is at least admitting we have a problem (in whatever 12 or 200 steps Detroit needs to heal). The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.
Go to Borders and get a Jim Collins' book, Good to Great, focusing on the importance of "Facing the Brutal Facts". Pretending that evil regulations are the primary cause of Detroit's fall does not help our automakers. Acknowledging that they were making the wrong cars at the wrong time is at least admitting we have a problem (in whatever 12 or 200 steps Detroit needs to heal). The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.
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