Tuesday, November 18, 2008

Counterpoint - Straight to the Source




Detroit, long maligned by (effective) foreign competition. It hasn't been what it once was for longer than I've been alive. White flight? Fuggedaboutit!

But, let's look at some of the pros from Detroit Free Press:

Here is a 3-minute article with some Detroit Facts that shed positive light on our auto industry

And, for emotional reasons for a voice of frustration, a columnist quoted in the NYT today.

To respond to the columnist, I say that we need to care deeply about Michigan and Detroit. It's an enormous state with heritage. Sometimes, though, you need to build manufacture something else. AND SOMETIMES you need to tap out with bankruptcy, which, again, does not mean loss of pensions and unemployment for all. (Before your flights home to see family this year, click your heels together three times and say, "bankruptcy protection." I guarantee you will be transported to your home.)

Note that neither article contradicts the "deadly triangle of death" I underlined from the Journal op-ed and that is well-known. It's the stuff that's not directly related to car manufacturing that provides Detroit's death grip.

1 comment:

Anonymous said...

I'm with you on this train of thought. We can't compete. Where's our free-market capitalism now?