Jerry Flint and Forbes are really starting to suck. It must be because Forbes has one of Obama closest backers in John Rogers writing a column in Forbes. Rogers mutual funds lost 50% last year thanks to his pal and zero public aka Business confidence in his pal.
This article by Flint sucks because he never mentions the UAW. The UAW is what killed GM.
“. As for the uaw contact: No matter what you hear about sacrifices, the union won’t give back anything real. Democratic Administrations just don’t pick the pockets of their union supporters.”
If you’re interested in what killed the U.S. auto industry I suggest reading the book, The Reckoning by David Halberstam.
Although somewwhat dated now, I think the insights are quite helpful.