THE ECONOMY
ARE THINGS GETTING BETTER? IS THERE REALLY IMPROVEMENT IN THE ECONOMY?
Reading some of the news reports out of Bloomberg and other business publication you would get the impresson prosperity was just around the corner. The question is where is this improved economy going to come from?
Fords the only thing left of this countries automobile industry wants to get rid of 40000 jobs. That dosent sound like prosperity. Gm is still showing no life signs. And unemployment levels havent receded at all.
America's manufacturing base is gone and not much is being done to bring it back. The only thing the economy has going for it right now is all the wars the United States has entered. Its almost like the U.S. is a contestent in some kind of war sweepstakes. So far the U.S. has been unlucky and hasnt won anything. If it wasnt for that the U.S. could be in real trouble like a depression. So be thankful for the little things like the wars in Afganistan and Pakistan.
WHATS GOING ON AT GM? Ed Whitacre is a hard acorn to crack. Its to figure out what he is trying to do with the company. It seems like he is building a house from the top down starting with the roof.
He is changing the marketing and sales departments at Gm without first having a product. That may be the way its done in the telephone business but it wont work in the automobile industry. First you have to have a product which has been Gm's problem all along. Shitty cars put Gm where it is today. Ed you have to start with a foundation which in Gm's case is creating cars that people want to buy. Ed forget the phone business and start thinking cars.
Reading some of the news reports out of Bloomberg and other business publication you would get the impresson prosperity was just around the corner. The question is where is this improved economy going to come from?
Fords the only thing left of this countries automobile industry wants to get rid of 40000 jobs. That dosent sound like prosperity. Gm is still showing no life signs. And unemployment levels havent receded at all.
America's manufacturing base is gone and not much is being done to bring it back. The only thing the economy has going for it right now is all the wars the United States has entered. Its almost like the U.S. is a contestent in some kind of war sweepstakes. So far the U.S. has been unlucky and hasnt won anything. If it wasnt for that the U.S. could be in real trouble like a depression. So be thankful for the little things like the wars in Afganistan and Pakistan.
WHATS GOING ON AT GM? Ed Whitacre is a hard acorn to crack. Its to figure out what he is trying to do with the company. It seems like he is building a house from the top down starting with the roof.
He is changing the marketing and sales departments at Gm without first having a product. That may be the way its done in the telephone business but it wont work in the automobile industry. First you have to have a product which has been Gm's problem all along. Shitty cars put Gm where it is today. Ed you have to start with a foundation which in Gm's case is creating cars that people want to buy. Ed forget the phone business and start thinking cars.
posted by thedetroittimes at 10:52 AM
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