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I’m Sorry—the Recession is My Fault, Part 1

Opinion

Mike Micklewright
Mon, 01/12/2009 - 15:12
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Question: Name the modern-day politicians who best exemplify the Seven Deadly Sins of greed, envy, gluttony, sloth, lust, pride, and anger. The last one is a group of people, not a politician.
Answer: Please record your answers, put them in your purse or wallet and save them for Part 2 of this series. If you get at least four correct, let me know and you win.

OK, so it’s well understood by many of us that we shouldn’t blame people for systemic errors and that today, given the state of the economy, we have some real systemic errors. So why would I blame myself—a person—for these problems? I think that I, or we, as a quality community, should begin to take much more ownership in the downfall of our economy, including the downfall of our mortgage companies, financial institutions, and automotive industry. If the quality industry and profession, as a whole, were doing a good job, we should have been much better prepared as a country in predicting and heading off a large portion of the economic mess we are currently in. The current state of the economy is one of low quality and we should shoulder some of the blame in allowing it to get to this point. I feel that I haven’t done enough to promote true quality ideals in all industries and facets of life and I would hope that many of you feel the same.

 …

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Comments

Submitted by janemfraser (not verified) on Wed, 01/14/2009 - 08:35

GM Vice President's comments

I am about to buy a new vehicle. I was considering looking at GM vehicles until I heard an interview with GM Vice Chairman Bob Lutz on npr.org. It is transcribed here: http://www.npr.org/templates/story/story.php?storyId=99253055. Here is the part that made me decide not to try GM:

Lutz has been in the car business for 45 years, so it's a change for him to operate on the federal government's nickel.

"I've never quite been in this situation before of getting a massive pay cut, no bonus, no longer allowed to stay in decent hotels, no corporate airplane. I have to stand in line at the Northwest counter," Lutz says. "I've never quite experienced this before. I'll let you know a year from now what it's like."

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