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Re: Should the government bail-out include domestic automakers?
If one has seen the presentation about the Toyota Way that is the guiding principles that are considered a fundamental basis for their success, the first item is that people should take the long term view even if it results in short term financial success. This applies to any decision (top level or bottom level).
This basic concept is contrary to how most American companies operate. They work from quarter to quarter. This is why many companies are in trouble (financial, mfg businesses, etc). Conservatives will complain that the proper incentives are not there but even with low taxes, etc, short term greed jeopardizes long term success.
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Al
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