Quote:
Originally Posted by talwell
I am very proud of GM - most people were very against them getting the government loan but did not take the time to think of the affects that it would have it they did not get it. Not only would the US have lost one of its most valuable companies and possibly the industry as a whole, but also millions of people would have lost thier jobs. Not only this, but if the US Government would have allowed GM to close the amount of tax revenues that would have been lost would have easily out weighed the amount of money they lent them.
Way to go GM - I think you are on the right path. I will admit that I think that GM did sway from the path of high quality cars and innovative designs but I am glad to see they are finding thier way back to the top of the industry.
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I think what really brought them down was those damn unions