The obscure takes time to see, but the obvious takes longer. -Edward R Murrow
Interesting quote from a reporter. How much is obvious but not reported or misreported in the news?
"Think of how stupid the average person is, and realize half of them are stupider than that" -George Carlin
"What's good for GM is good for America" - GM President Charlie Wilson
At the time the quote was made in 1953, 1 out of every 200 workers was employed by GM and 3% of GDP. We may still be living in the past on the importance of GM. Motor vehicles only represents 1.5% of GDP from 4% as late as 1988. Japanese and European automakers sell more cars in the US than US big three. The value of GM market cap before bankruptcy was less than the Turkey's and Egypt's auto makers.
Interesting quote from a reporter. How much is obvious but not reported or misreported in the news?
"Think of how stupid the average person is, and realize half of them are stupider than that" -George Carlin
"What's good for GM is good for America" - GM President Charlie Wilson
At the time the quote was made in 1953, 1 out of every 200 workers was employed by GM and 3% of GDP. We may still be living in the past on the importance of GM. Motor vehicles only represents 1.5% of GDP from 4% as late as 1988. Japanese and European automakers sell more cars in the US than US big three. The value of GM market cap before bankruptcy was less than the Turkey's and Egypt's auto makers.
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