tag:blogger.com,1999:blog-6731750.post2937447441940631838..comments2023-07-29T05:54:28.833-04:00Comments on The Kalamazoo Post: Let GM go Bankrupt, Part IITonyhttp://www.blogger.com/profile/03056377038486402824noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6731750.post-24281069235287098182008-11-16T17:57:00.000-05:002008-11-16T17:57:00.000-05:00I actually was referring to the creative destructi...I actually was referring to the creative destruction within the auto industry, and I hearken back to the time when we had 20 different domestic car makers selling one-tenth the number of cars.<BR/><BR/>I doubt Studebacker, Packard and Tucker "expected" a handout from the govt. They went away or were bought out and yet we all survived and technology advanced.Tonyhttps://www.blogger.com/profile/03056377038486402824noreply@blogger.comtag:blogger.com,1999:blog-6731750.post-79946593589410443632008-11-15T20:32:00.000-05:002008-11-15T20:32:00.000-05:00"Creative destruction has not been allowed to occu..."Creative destruction has not been allowed to occur in my lifetime, and if it had then maybe we would not be in the straits we are currently in."<BR/><BR/>The only possible exceptions I can think of are the steel industry, the tech sector, and airlines.Anonymousnoreply@blogger.com