Scale of FAIL

This is a re-post.

Marginal Revolution, Automakers Waste MoneySince 1980 GM and Ford blew through $465 billion…

With that $465 billion, GM and Ford could have shut down and acquired all of Honda, Toyota, Nissan, and Volkswagen.

I think it will be awhile before we invigorate U.S. leadership. There’s a longgg road ahead because it’s a dismal crowd needing much repair.