As things currently stand, GM has too many brands, workers, managers, capacity and bureaucracy.
More Quotes from Peter Morici:
Often, solutions we would never embrace as a long-term policy, like flooding banks with liquidity, are essential tactics for surviving a crisis.Peter Morici
Look for the Fed to increase rates another quarter point next week, but don't assume it will continue raising rates all the way to 3.5 percent. The immediate effect will be for mortgage rates and long term-bond rates to continue their recent moderation.
Peter Morici
The trade deficit remains the single most important tax on U.S. growth and burden on American workers.
Peter Morici
It gets more and more out of synch every year. It'd really be just a fig leaf. In order for there to be a change in the trade relationship, it has to be a large change right off the bat -- at least 20 percent.
Peter Morici
Taken together, prospects for a reversal of recent energy price increases and the absence of other fundamental inflationary pressures indicates inflation provides no significant justification for raising interest rates further at this time.
Peter Morici
You couldn't say the number was completely unexpected.
Peter Morici
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Based on Topics: Bureaucracy QuotesValue will always be on top of everyone's lists now, right along with safety.
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In many biological structures proteins are simply components of larger molecular machines.
Michael Behe
The history of free men is never really written by chance but by choice; their choice!
Dwight D. Eisenhower