Turning over an entire labor force has never happened on this scale.
I don't remember GM ever doing anything like this before, not firing people and putting them out on the street with a box. They were called 'Mother GM' for a reason.
They've closed the productivity gap wonderfully, but they had to do so, because it's the thing they could address.
It really seems to infuriate a lot of Americans. They give the rich people that live on (bond) coupon clipping in resorts all over the world a full pass. But when some autoworker spends weeks or months on a system making that much money, it drives people crazy.
The scariest picture in town is the Hyundai Sonata. It's the best value in the automotive market. It has everything that a Honda Accord and a Toyota Camry has, and it's built in Alabama.
It's our Category 5, our economic New Orleans.
It's up to the UAW to make a counteroffer. Miller wants to see how far they're willing to go.
GM may have to enter this situation and take a good chunk of Delphi back.
So this brings up the natural question: Where the heck is the business? It's really not developing here.
As Ford gets smaller, Michigan will get smaller. One hundred thousand people left the state in the last two years, and this will accelerate in the wake of Monday's announcement.
