Cartoon of the Day
Click to enlarge.HT: Ben Cunningham
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, December 03, 2008
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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8 Comments:
It is a good cartoon, but it leaves out that the competition's dragster is more technologically advanced and better value for money.
I am not a domestic car hater, I'm just a not-very-good car hater.
The best example of the discrepancy is this:
It takes Honda 15 mins. to retool the line for a different model.
It takes the big 3, two months and millions of dollars.
Even w/out the contracts, I'm not sure how fast the big 3 can become really competitive. I have a suspicion that the big 3 have to stay bloated to keep contracts in place
Excellent cartoon. It should be sent to every member of Congress (with brains).
> It should be sent to every member of Congress (with brains).
So, what do you need for postage for that -- a buck fifty, two bucks? I'm game...
Bumped into this back in the early 90s...
It's as big as two rooms, needs a fuel station every kilometer, costs a lot of money, and you had better watch your rearview mirror because you may see the fender falling off.
- The Japanese impression of American cars, according to J.E. Steinhagan, a GM Japan executive. -
This comment has been removed by the author.
"It should be sent to every member of Congress (with brains)."
Do you have any proof of the existence of such an animal?
Despite the fact that many don't want to admit this, the truth is: To a great extent unions are substantially responsible for generating a large middle class that has driven our successful consumer economy for decades, and corporate America has been handsomely rewarded for it. If the workers can't afford to purchase the products they assemble, who will? . . . Perhaps, if the UAW didn't exist, non-union Honda workers would be earning five dollars an hour?
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