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The problem is that this country does not have a strategy for succeeding in manufacturing.

What is our strategy for prying open foreign markets?

What is our strategy for competing against companies such as Toyota that are now much larger and better financed

How is any of this, specifically, government's job?

Attack Ford and GM them. Laugh at them. Tell them it's their own fault.

It is, they caved to organized crime (i.e. UAW extortion) and they made unsustainable promises in the process. Then they failed, year after year, to offer competitive products in the market.

The people of Michigan are not laughing, and all Americans will take an economic hit when they are gone.

I'm a lifelong Michigander, and I'm laughing, or at the very least not whining. The death or near-death of the big three is probably the only thing that will help the state become competitive in the longer term. Until the state adopts some genuinely pro-business policies, not just pro-automaker policies, it will continue in the rut of high unemployment and decreasing relevance. America will survive this just fine, and maybe Michigan's lawmakers will finally see the light. Given Granholm's address last night, it's likely to get darker before the dawn, however.