US auto industry needs to re-learn how to innovate; Mich. lawmakers not immune, either
(NEWSER) - The appalling prospect of a $25 billion bailout for Detroit automakers—“ an industry that became brain dead”—has Thomas Friedman, writing in the New York Times, outraged. He blasts “a very un-innovative business culture, visionless management, and overly generous labor contracts” for the mess, and heaps blame on Michigan’s congressional delegation, for voting “however the Detroit automakers and unions instructed them to vote.” More»
