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Erma1ina
 
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willshak wrote:

Erma1ina wrote:

[...]

"He closed some plants, and negotiated
with the labor unions to trim back wages and employment"

Is this the Democrat platform? Close plants, lay off workers, reduce wages?


Hmmm. ANOTHER "Dumbya-deep-thinker." LOL.

http://www.netstate.com/states/peop/people/pa_lai.htm

Another Excerpt [The point: Lee Iacocca knows how to lead and knows a
leader when he sees one. He sees one in John Kerry, not in George
"Dumbya".]:

". . . Iacocca left the [Ford] company in 1978. By the end of that year,
Lee Iacocca was named president of Chrysler Corp. Chrysler was in
trouble, and many analysts predicted that Chrysler would fall into
bankruptcy. Iacocca wanted to keep Chrysler in the auto industry and he
intended to do whatever he could to get the company rolling again. In
1979 he became chairman of Chrysler. In a brash, controversial move,
Iacocca succeeded in getting the federal government to back a $1.2
billion dollar loan guarantee and tax concessions for the company.
Iacocca dug in, and obtained new sources of credit while at the same
time trimming operations. He closed some plants, and NEGOTIATED WITH THE
LABOR UNIONS to trim back wages and employment. He turned Chrysler's
focus toward more fuel-efficient cars, and he APPEALED TO AMERICANS via
television advertising TO BACK CHRYSLER AND BUY ITS K-CARS. He even
appeared in TV ads himself, becoming something of a national celebrity.

"WITHIN FIVE YEARS, LEE IACOCCA HAD TURNED CHRYSLER AROUND. The country
accepted Chrysler's K-cars, and Chrysler was able to repay its loans. In
1984, Chrysler introduced the minivan, and its success ENSURED
CHRYSLER'S POSITION AS A VIABLE AMERICAN AUTOMAKER." [EMPHASIS ADDED TO
AID DUMBYA-DEEP-THINKERS.]