Word: michigan
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Willow Run is always trotted out as Exhibit A in the transformation of lower Michigan into the world's arsenal of democracy. It's a great story, and it's a true one; in 1942, GM took just two months to convert its Cadillac assembly line to one that could turn out tanks. The University of Michigan at Ann Arbor buzzed with boffins working on government contracts, and in 1948, the campus had 21,000 students enrolled - or a fifth of the total number of students at every university in France. Two years earlier, a veteran editor of the Detroit...
...unions, management, civic leaders and just about everyone else in Michigan mismanage the postwar years? Of course. But the real point about Detroit is not that it fell so far, but that it once rose so high. Its economic success during World War II and the immediate aftermath was a freak of geopolitics. With most of the rest of the world (including some regions that were as technologically advanced as Michigan) consumed by war, only the U.S. and Canada were able to develop the high-tech industries of scale that were needed to fight the Axis powers. So successful were...
...price houses and mortgage bonds. It would have done better if people had paid more attention to skeptical voices like Schiff's. "The fact that he was right this time doesn't mean he's going to be right the next time, but somebody will be," says University of Michigan social scientist Scott Page. "All models are wrong, and that's why you want a diversity of models." Seconds Schiff: "You're never going to get these correct calls coming from the mainstream. It's not even possible." Schiff's current predictions may well turn out to be all wrong...
Obama assembled all the major players - California Governor Arnold Schwarzenegger, GM CEO Fritz Henderson, Michigan Representative John Dingell - some of whom are still locked in lawsuits over California's earlier attempts to pass its own stricter fuel-efficiency standards. (Under the Clean Air Act, the state has the right to implement auto-pollution regulations that are tougher than national laws, provided that the Environmental Protection Agency issues a waiver, which was denied under George W. Bush.) For Obama, the simple fact that these habitually warring parties were willing to come together on the new requirements was as important...
...Gottlieb met Smith during their sophomore year of high school in Rochester, N.Y., but Gottlieb says “you can’t really quite classify us as high school sweethearts.” They kept in touch when Gottlieb came to Harvard and Smith started school at Michigan State University, but they only started dating last year, when Smith came to visit Gottlieb in Boston for dinner in the North End and a walk around the city. The couple will tie the knot on June 26, 2010, Gottlieb said, adding that they’re still trying...