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Default Will General Motors leave Detroit - and what will happen to the city?

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On Mon, 18 May 2009 08:30:42 -0400, the infamous "Buerste"
scrawled the following:


"krp" wrote in message
...
What I find amusing with the "bailouts" etc is the plant closings by GM
and Chrysler in the U.S. and the MASSIVE expansion of plants in other
countries by both. Shipping almost 300,000 jobs off shore.

GOOD PLAN GUYS!


The UAW priced themselves right out of the market.


The California Teachers Union have done the same thing with teachers.
they rank highest in wages/bennies while the students rank second to
the lowest in achievement. (Of course, the -many- millions of non-
English-speaking illegals can't help their stats any.)

From
http://online.wsj.com/article/SB1242...7457:b24594382

* OPINION * MAY 18, 2009
Soak the Rich, Lose the Rich
Americans know how to use the moving van to escape high taxes.
By ARTHUR LAFFER and STEPHEN MOORE

--snip--
Those who disapprove of tax competition complain that lower state
taxes only create a zero-sum competition where states "race to the
bottom" and cut services to the poor as taxes fall to zero. They say
that tax cutting inevitably means lower quality schools and police
protection as lower tax rates mean starvation of public services.

They're wrong, and New Hampshire is our favorite illustration. The
Live Free or Die State has no income or sales tax, yet it has
high-quality schools and excellent public services. Students in New
Hampshire public schools achieve the fourth-highest test scores in the
nation -- even though the state spends about $1,000 a year less per
resident on state and local government than the average state and,
incredibly, $5,000 less per person than New York. And on the other
side of the ledger, California in 2007 had the highest-paid classroom
teachers in the nation, and yet the Golden State had the second-lowest
test scores.

--snip--

--
No matter how cynical you are, it is impossible to keep up.
--Lily Tomlin
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