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Government Motors?(The Week)(General Motors Corp.)(Brief article)
[ILLUSTRATION OMITTED]
Government Motors? The name has the proper initials, but the connotation is imprecise. It implies that GM became a government-run company only when the feds acquired a 60 percent stake in it as a result of its bankruptcy filing. In fact, Detroit has been a government project for some time now. It is the government that has tasked the Detroit automakers with two expensive missions: a) provide health care, benefits, and high-wage employment to the United Auto Workers union, and b) build the little green cars that President Obama and the Democrats want them to make, and that the American ...
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