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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (594131)11/23/2010 2:03:37 PM
From: Tenchusatsu  Respond to of 1580501
 
Inode, > At this point, anyone who believes that government can spend our nation into prosperity needs their head examined.

Or awarded the Nobel Prize in economics.

I wouldn't mind the spending so much if it actually made us more competitive in the global marketplace. There are some economic and strategic benefits to keeping GM alive.

But like Jim said, without solving the underlying causes of the bankruptcy, such as high labor and pension costs, GM might find itself in the same situation down the road.

Tenchusatsu