March 31, 2009
DETROIT (AP) — Many assembly line autoworkers reacted with skepticism and anger Monday to the Obama administration’s tough tactics, which stoked long-simmering feelings that the people who put the country on wheels get treated differently than the wizards of Wall Street. . . . Many workers — not generally known for their affection toward executives — even sympathized with Rick Wagoner, who was forced to step down as chief executive of General Motors Corp. He was by turns called a “sacrificial lamb,” “scapegoat” and “fall guy.”
And Rick Wagoner was fired not because he did a bad job, but because Obama wanted to look tough. Is that the kind of management that will get us out of this problem?