Reply #1 from JoeUser Forums Top

Detriotsky is right!  I sometime scare myself with my own prognostication before the pundits publish the same thing.

 

Reply #2 from Stardock Forums Top

Obama is backing a plan to pump $50 billion into the big American automakers, while also establishing "a czar or board to oversee the companies"—call it Gosplan—which will supervise "a restructuring of the auto industry." That's exactly what Detroit needs to recover: the benefit of government central planning.
End of quote

Incredible.

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Reply #4 from Stardock Forums Top

"a czar or board to oversee the companies"—call it Gosplan—which will supervise "a restructuring of the auto industry." That's exactly what Detroit needs to recover: the benefit of government central planning.

I've been thinking about this - while long term central planning has historically been a recipe for disaster, how do you deal with a situation where badly managed companies need(?) to be bailed out partly (if not largely) due to bad management?

Can short term central planning be a solution? Not, I believe, unless someone also takes a hard look at the effect of UAW on production.

Reply #5 from PolMach Forums Top

Quoting grokTheSystem, reply 4

"a czar or board to oversee the companies"—call it Gosplan—which will supervise "a restructuring of the auto industry." That's exactly what Detroit needs to recover: the benefit of government central planning.


I've been thinking about this - while long term central planning has historically been a recipe for disaster, how do you deal with a situation where badly managed companies need(?) to be bailed out partly (if not largely) due to bad management?

Can short term central planning be a solution? Not, I believe, unless someone also takes a hard look at the effect of UAW on production.
End of grokTheSystem's quote

 

Union jobs are typically anti production... as in... if you need help the person will tell you "aint my job" and leave you out to hang