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Indeed, the Chrysler pullout has been followed by a tattoo of smaller but no-less-widely reported U.S. retrenchments. Two weeks ago, employees at an RCA semiconductor plant employing 438 workers near Liêge, Belgium, began picketing with placards attacking the company-not for being part of the American challenge but for deciding to leave. Faced with rising costs, RCA decided to shut down the plant because it was not competitive with the company's other semiconductor plants, including one in Malaysia. B.F. Goodrich, struggling for profits in an overcrowded tire market, closed a West German plant...
...would starve. Nearly all of their customers are Mexicans who cross the border to buy American, European and Japanese products, which they consider superior to Mexican goods. Brand-conscious Mexicans think the General Electric refrigerator that is produced in the U.S., for example, is much better than the one GE makes in Mexico...
Harvard, (now 1-2), outscored South Carolina, 10-2, down the final 2:20, the garba ge time points closing the gap to respectability. But on the plane ride back home this morning. McLaughlin will no doubt still be muttering over the disputed call. He won't be whistling Dixie, but he just may be humming 'Three Blind Mice...
Steel. In steel-producing regions such as France's Lorraine, Belgium's Charleroi and Ličge, West Germany's Saarland, south Wales, northern England, and Scotland, unemployment is sharply higher than national averages. Over the past three years, 61,000 jobs have been lost in the industry, leaving a worried work force...
...Jones recalls the story that a century ago when GE Founder Thomas Edison was trying to introduce electricity in New York City, a band of protesters gathered in Central Park and every day they electrocuted a dog. They were trying to show that electricity is dangerous. What if, Jones muses, that special interest group had slowed the growth of electricity? We wouldn't be burning candles today, but we certainly would not be as advanced as we are?and we would have a lot fewer jobs...