In the wake of Mitt Romney's Times column on how to fix Detroit, Blue Mass. Group's David Kravitz suggests that Mitt Romney take over as GM's CEO:
It's perfect. GM needs new management; Romney's free; he's a
turnaround guy; he's from Detroit; his dad ran a car company; he's
already got a national profile, which would really help GM; he's
already filthy rich, so he could take the job for a pittance.
In an op-ed in today's Times, Mitt Romney makes a pretty good case against bailing out the domestic auto industry. But he seems to lay an inordinate amount of blame for Detroit's woes on the extra costs that current labor agreements impose on American manufacturers in comparison with foreign competitors.