Detroit facts on FAILURE

Saint Paul, MN

#1 Jul 26, 2013

Seattle, WA

#2 Jul 26, 2013
Bush bailed them out, after management destroyed the auto industry, with huge pay packages & nothing upstairs....

Seattle, WA

#3 Jul 26, 2013
Detroit's troubles stem from deep and branching roots. It's simplistic to say that Democrats and the Unions are at fault. Those are the same groups that presided over the boom times. It was a place where a young man graduating from high school could go down to Ford or GM and get a great job on the assembly line that he could buy a home and raise a family on. The unions did that, plus Henry Ford's mantra that he wanted the people who built his cars to be able to own one. Blame the loss of jobs on globalization. That came from the political Right. The auto industry isn't the only corporate outsourcing going on, it's just that Detroit was such a one-industry town, and everything else was dependent on it.

Now we ALL have to compete with China.

Thanks Mittiot types.....

Saint Paul, MN

#4 Jul 26, 2013
NAFTA, thanks Clinton.

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