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[return to "Who shot General Motors? (Labor unions, in 1950.)"]
1. edw519+c1[view] [source] 2008-07-11 14:29:14
>>cmcgin+(OP)
Make cars people want.
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2. josefr+L2[view] [source] 2008-07-11 16:02:33
>>edw519+c1
It's kind of tough to succeed when your workers (with the same skills) get paid 2-3x what competing car companies pay. Profit margins are just as important to a company's success as demand. See Internet math of the late 90's for a perfect example of what 1000000 * 0 equals.
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