I can't stop following this story...should the government out the auto industry? Is a structured bankruptcy better than a government bailout?
Regardless --- how could business blogging help? There is a story to tell; a compelling one at that! Who doesn't know someone that has retired from one of the "Big Three"? How can a company that automatically has thousands more dollars in cost per car due to their retirees ever become profitable when competing in a global economy? Did you know that most other governments already subsidize their local auto industries?
Instead Americans are getting informed through the press rather than directly from these companies; and although GM has taken a step and does comment on the crisis on their FastLane Blog; there is much more to be told here --- and by people lower on the food chain.
Regardless --- how could business blogging help? There is a story to tell; a compelling one at that! Who doesn't know someone that has retired from one of the "Big Three"? How can a company that automatically has thousands more dollars in cost per car due to their retirees ever become profitable when competing in a global economy? Did you know that most other governments already subsidize their local auto industries?
Instead Americans are getting informed through the press rather than directly from these companies; and although GM has taken a step and does comment on the crisis on their FastLane Blog; there is much more to be told here --- and by people lower on the food chain.
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