This is MichiganThe debate over aid to the Detroit-based automakers is awash with half-truths and misrepresentations that are endlessly repeated by everyone from members of Congress to journalists. Here are six myths about the companies and their vehicles, and the reality in each case.
As Congress resumes debating assistance to the U.S. auto industry, it is important to consider the broader issues at stake. Certainly, there is a strong inclination to adhere to the capitalist model of survival of the fittest that has served us well. Others want to use this opportunity to punish unions for pressuring the industry into uncompetitive cost structures and cumbersome work rules, or to punish management for not better preparing their companies for changing markets.
The Detroit bailout isn't about saving the U.S. auto industry, it's about Democrats and Republicans jockeying for power
Two months after the last of its labs went dark, the 2-million-square-foot Pfizer Inc. research facility near the University of Michigan has been given new life.
OK. It's a fantasy. But if I had five minutes in front of Congress last week, here's what I would've said:
Good morning. First of all, before you ask, I flew commercial. Northwest Airlines. Had a bag of peanuts for breakfast. Of course, that's Northwest, which just merged with Delta, a merger you, our government, approved -- and one which, inevitably, will lead to big bonuses for their executives and higher costs for us. You seem to be OK with that kind of business.
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