Friday, March 27, 2009
Obama says automakers need 'drastic changes'
Why? Because they're losing money? So's Toyota, Honda, Nissan, Daimler, Citroen-Peugeot, Renault, Hyundai. Do they all need to make drastic changes too?
Perhaps. But maybe, Mr. President, the problem lies in a weak economy, which is something you can address.
General Motors is the largest auto seller in China, a country whose car sales exceed those in the United States. That seems to be a pretty good statement of viability.
As far as their U.S. operations are concerned, it seems unbelievable that a liberal president representing the Democratic party, who was elected on promises to help workers and the middle class, believes that part of the "drastic changes" that U.S. automakers need to make include cutting worker compensation!
If you want Detroit to be "viable" the way other nations' automakers are "viable," then support them, just as the others do.