GM's Woes Are Homemade, Not Imported
by Daniel T. Griswold
Cato Institute
If General Motors itself were one big car, its “check engine” light would be flashing. The world’s largest car maker announced this week that it plans to shed 30,000 workers by 2008 as its market share and stock price continue to slide against a backdrop of unsustainable labor costs.
Cato Institute
If General Motors itself were one big car, its “check engine” light would be flashing. The world’s largest car maker announced this week that it plans to shed 30,000 workers by 2008 as its market share and stock price continue to slide against a backdrop of unsustainable labor costs.
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