Re: GM is Going from Bad to Worse
And had we let the forces of free market economics work, GM would have gone through a restructuring that would have made it stronger and better. It MAY have been smaller, but that's what happens to the big guy when he outgrows his britches.
GM would NOT have gone under, any who say that are economicaly ignorant, GM's assets would have allowed an excellent chance to restructure and come out ahead, but now it has even greater liability and debt, and so will eventually become much smaller and a former shadow of itself.
And all the employees will have only themselves and Manegement to blame, for they share it equally due to greed on BOTH sides.
You are what you do, when it counts.