Daily Archives: December 4, 2008

UAW Has Already Made Concessions Needed To Make Detroit Competitive

The staggering difference in labor costs between Detroit automakers and Japanese automakers is often given as one big reason Detroit is failing to successfully compete. Just last night, on ABC News With Charlie Gibson, it was told that labor costs … Continue reading

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Eliot Spitzer: $7.8 Trillion In Government Guarantees May Simply Perpetuate Flawed System

In a thoughtful article appearing in Slate, Eliot Spitzer says that the “$7.8 trillion in equity, loans, and guarantees so far — may merely perpetuate a fundamentally flawed status quo.”. Spitzer says, “So far, at least, we are simply rebuilding … Continue reading

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