Thursday, June 23, 2011

Five years ago in p3: What's good for GM?

It starts out with one of the great half-understood quotes of the last century:

Not many people today could identify Charles E. Wilson, former CEO of General Motors and later Secretary of Defense under Eisenhower, but many would have no trouble recognizing the famous thing he didn't say:
What's good for General Motors is good for America.
What Wilson actually said, and the context in which he said it, is much more telling about the differences between Then and Now.

And it winds up with a note on the irony of "accelerated attrition." Go ahead: Take a stroll down memory lane.

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