What’s Good for General Motors is Bad for America

North Star Writers Group ^ | November 12, 2008 | Dan Calabrese

[Invisigoth]

During the Michigan primary in January, Mitt Romney predicted that if the nation did not learn from Michigan’s experiences, it might soon travel down the same precarious economic path. In a twisted way, that prediction may be on the verge of coming true.

Michigan’s self-destructive economic practices have sent ripples of fiscal poison all across the nation in the form of supplier contracts, dealership agreements and financing agreements by, for and with General Motors, Ford and Chrysler.

Thanks to the business malpractice of the Big Three, Michigan has been an economic basket case for years. We’re used to it. But if our well-deserved comeuppance is finally at hand, the rest of the nation should understand that it’s going to suffer a lot of collateral damage. This is not to say it shouldn’t be allowed to happen. Just a word to the wise: Be ready.

[Vaquero]

let the American auto industry declare chapter 11, then move to right to work states to reorganize their businesses.

[Sacajaweau]

All we hear is USA manufacturing. What about global sales? Is there a separate pocket? I don’t really know.

[G Larry]

I have compassion for the workers, but the Mafia Union management needs to die.

[dblshot]

My daughter works in HR at a North Carolina auto parts manufacturer. They already have overseas plants and have consolidated two plants in NC (closed one)because they really don’t make a profit. She says if card check comes in the plant workers will unionize and the plant will close.

[brytlea]

The auto industry will be bailed out because the UAW helped hand the election to Obama. He owes them. He’ll come thru, I predict.

[brytlea]

I feel sorry for SOME of the workers, but they also choose to work in an industry run by the UAW. And they have benefited over the years.