B-Large Posted April 15, 2015 Share Posted April 15, 2015 What's the incentive to run a nimble profitable company that competes effectively in a market when you are considered to important to fail? What lesson did leadership of GM or Chysler learn? If it happens again, will GM managment be able to reduce jobs to remain afloat? Will Unions see the urgency and tell some member they cannot save all the jobs? Frankly, I didn't love the bailouts... I understand the rationale behind the action, but I don't feel GM would have been any worse off going through a legally protected restructure. I guess as a president sitting during an economic collapse saving any jobs industries is the incentive, but I think in the end you do more long term harm than short term good. Link to comment Share on other sites More sharing options...
DC Tom Posted April 15, 2015 Share Posted April 15, 2015 What's the incentive to run a nimble profitable company that competes effectively in a market when you are considered to important to fail? What lesson did leadership of GM or Chysler learn? If it happens again, will GM managment be able to reduce jobs to remain afloat? Will Unions see the urgency and tell some member they cannot save all the jobs? Frankly, I didn't love the bailouts... I understand the rationale behind the action, but I don't feel GM would have been any worse off going through a legally protected restructure. I guess as a president sitting during an economic collapse saving any jobs industries is the incentive, but I think in the end you do more long term harm than short term good. And there's the key point: it wasn't about saving GM or Detroit. It was all about saving jobs. And there's nothing particularly wrong with that...until you dogmatically subordinate everything else to one single motivation. Link to comment Share on other sites More sharing options...
Tiberius Posted April 17, 2015 Author Share Posted April 17, 2015 And there's the key point: it wasn't about saving GM or Detroit. It was all about saving jobs. And there's nothing particularly wrong with that...until you dogmatically subordinate everything else to one single motivation. Everything else? Like what? Link to comment Share on other sites More sharing options...
DC Tom Posted April 17, 2015 Share Posted April 17, 2015 Everything else? Like what? Just so we're clear...you're asking me to obfuscate with specific examples and details now? Link to comment Share on other sites More sharing options...
Tiberius Posted April 17, 2015 Author Share Posted April 17, 2015 Just so we're clear...you're asking me to obfuscate with specific examples and details now? No, just kind of amazed that you don't see how important it is to have jobs in the country. Maybe, just this once you actually had a real point. Nevermind Link to comment Share on other sites More sharing options...
DC Tom Posted April 17, 2015 Share Posted April 17, 2015 No, just kind of amazed that you don't see how important it is to have jobs in the country. Maybe, just this once you actually had a real point. Nevermind I'm not the least bit amazed that you don't see that it's more important to have laws. Link to comment Share on other sites More sharing options...
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