I just have to comment on your online article The path to another Depression by John Silveira.
I live in a small farm in central Alberta and my husband and I have discussed the automaking industries woes many times, as the situation here in Canada is the same as south of the border for the auto industry. We have both said many times – “let them go bankrupt, it’s the only way they’ll get the unions out and truly become competitive in the world market”! We have opened from scratch (& without bank financing), grew our small business to 5 times it’s original square footage, and maintained it and turned a decent profit every year for 13 years (then we sold it), so I feel that we have the right to say this. Business owners MUST have the ability to cut costs, cut people, change suppliers, etc. as needed to keep their company profitable – unions null and void this ability on many fronts.
Over and over in government, it’s individuals who have no ‘real world’ business skills who are in power. Could they, on their own, open and run a successful small business in a competitive industry? I believe that for most of them, the answer would be no. If they can’t manage a small business successfully, how can we possibly expect them to manage an entire country?
This is the first time I’ve come across your website and must say – so far I’m very impressed with the common sense advice that is being given!