On the auto bailout
In two sentences Michael Moore sums up the entire problem with most major American companies (not just General Motors):
Well, what really went wrong is that General Motors has had this philosophy from the beginning that what’s good for General Motors is good for the country. So, their attitude was we’ll build it and you buy it. We’ll tell you what to buy. You just buy it.
Eventually, the consumer got smart and said, ‘You know what, I’d like a car that gets a little better gas mileage. I’d like a car that’s safer on the road,’ so they started to buy other cars. General Motors still wouldn’t change. They still kept building the wrong cars, and more and more people stopped buying them.
-j
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