[Stéphane Dumas]

I spotted the AE quote of the week at the "On the table" section www.autoextremist.com

Peter Morici. The business professor at the University of Maryland and a former chief economist at the U.S. International Trade Commission who has been a constant pain in the ass for the Detroit Three for years offered a new perspective for the first time in assessing Detroit's plunging fortunes. He told the Detroit Free Press yesterday that, "We're in for a long period of slow growth because of our broken energy and trade policies and the sad state of the U.S. auto industry." But for once he didn't put all of the blame at Detroit's feet saying, "Some of that is a lack of supportive policy," Morici said. "China, Japan, Korea, they support their auto industry. We don't. Everybody else is getting subsidized." Amen. And that's our AE Quote of the Week.

I wonder if he begin to see the light?

 

[AMERICA 123]

Yea, only 30 years late - with 1/2 the Domestic industry gone.

I seriously doubt that includes any awareness of the recent revelations concerning Toyota's labor practices.

 

[Michael_S]

It's nice to see that even some virulent anti-Detroit experts are realizing that the game has been fixed against the home team.