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ECONOMY

The New Economy

This morning, Ford announced the end of 30,000 jobs. This week, the guy in charge of that decision is grinning at you from newstands nationwide: he’s Time’s cover model. The headline? “CAN THIS MAN SAVE THE AUTO INDUSTRY?”

Hefty task for a guy who not only failed save his workers’ jobs, but proved so personally repellent to gainful employment that the Newsweek scion who wrote his cover story got fired a couple days ago.

Welcome to the “new” economy. It’s new because you’re not in it.

Ford Slashes 28% of its Workforce in Sweeping Bid to Save Itself. [Detroit News]
Can This Man Save The Auto Industry? [Time]
‘Time’, Like Ford, Has Sense of Humor. [Gawker]


9:33 AM on Tue January 24 2006
By wonkguest
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