The number is shocking: "GM axe is to fall on 30,000," read the Financial Times banner headline.But it's even more shocking to me that the chief executives who run some of our biggest manufacturing companies now seem to have only one solution to any corporate problem: Cut costs. These CEOs are cost-cutting the U.S. out of a middle class. They've forgotten how to compete and grow.
Globalization Isn't Killing GM
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