Socialism wins again - Detroit goes Bankrupt!

[tw]

Originally Posted by Undertoad

Comparisons should not be drawn between engines for practical applications.

70 Hp per liter engine that is standard in all minimally acceptable cars was racing in Indy in the late 1940s. Specialized functions today are standards for future products. To define innovations using real world testing.

Why is Detroit bankrupt? Look at the region's major product. Its engines remained lowest performance. It stifled innovation throughout the product (not just the engine) in the name of cost controls. It feared fundamental product thinking advocated by innovators such as W. E. Deming. Its products would even rust out in two years. So they invented myths about 'more salt on today's roads' rather than paint those interior steel surfaces.

To coverup their lies, they even underfunded the pension funds. And invented more lies to mask that fraud. So of course so many employees had to flee Detroit. Detroit's major industries were even blaming their employees rather than ignorant and corrupt management. Another example of 85% of all problems directly traceable to top management.

Since that top management said there was plenty of blame to go around, then 99% of all problems were directly traceable to those people educated and acting to destroy American jobs.

Bankruptcy is only reporting today on a problem that existed even 20 and 30 years ago. Same problems so accurately defined by Michael Moore's "Roger and Me". Problems continued because the problem makers - corporate leaders who stifled innovation - denied a problem even existed. They even said GM had no problems in 2007. That the only problem was the economy. These job destroyers blamed government, Japanese, the economy, education system, unions ... and even United and American Airlines for being too unsafe for corporate executives to fly on.

Detroit is simply another victim of what is taught in the business schools. Those low performance V-8s still found in crappy products are but another reason for Detroit's bankruptcy.