Ironically, the problems that are destroying our economy were the same problems that plagued the automakers, namely:
- They grew too large to efficiently manage themselves.
- They grew too bureaucratic.
- They became managed by incompetent Harvard bureaucrats instead of people who knew how to build cars [[engineers).
- They became more concerned with perceived image than proven quality.
- They became too involved in social welfare [[pensions, health care, etc.) at the expense of manufacturing.
- They had to devote more money to labor and environmental concerns than their foreign counterparts.
- etc.
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