Mitt Romney doesn’t love Detroit anymore
Remember when Mitt Romney had nothing but hope for Detroit during the Republican primaries? Looks like the GOP Frankenstein is trying a new tact:
With [a bailout], the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
…management as is must go. New faces should be recruited from unrelated industries — from companies widely respected for excellence in marketing, innovation, creativity and labor relations.
The new management must work with labor leaders to see that the enmity between labor and management comes to an end. This division is a holdover from the early years of the last century, when unions brought workers job security and better wages and benefits.
Carly Fiorina agrees. I’m still baffled that automakers think all their problems are external.
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