Hi folks - list manager hat on here.

The thread is drifting away from Minneapolis (except at the end of Robin's
last post, but the comment applies to all participants). Let's try to focus
it back on the city specifically.

Thanks,
David Brauer
List manager

on 10/14/03 3:44 PM, Garwood, Robin at [EMAIL PROTECTED] wrote:

> Vicki:
> 
> "I would argue that labor priced itself out of the free market.  GM can't
> compete in a global
> economy - its costs are too high.  Which is better, closing plants or going
> bankrupt?"
> 
> There are numerous academic (and other) voices that trace problems at American
> auto makers not to the high price of American labor, but the ineptitude of
> American corporate leaders who began to pay themselves amounts that were
> grossly out of whack (seriously, if anything in America is overpriced, it's
> CEOs), while producing inferior machines that few wanted.
> 

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