The U.S. auto industry has struck a brick wall. Can it get back on the road to recovery? At the Crossroads: Middle America and the Battle to Save the Car Industry argues that the Obama administration missed an historic opportunity in 2009 to launch a Manhattan Project-style effort to save not only Detroit, but invigorate the entire manufacturing base in Middle America.
Abe Aamidor and Ted Evanoff explain how Washington's intervention fell short and how it is holding back America economic recovery. The authors take a thoughtful look at the root causes behind the auto industry's crash, including disastrous labor contracts such as 1950's "Treaty of Detroit," which set the stage for crushing legacy costs; Wall Street's predatory financial practices ushered in under the Reagan administration; and a largely unregulated free trade regime that undermined the competitiveness of America manufacturing.
At The Crossroads tells the story of Detroits' collapse and a failed national industrial policy from the point of view of those most affected by it- the factory workers, small business owners, and mayors of small manufacturing towns like Kokomo, Marion, and Bedford in Indiana, the number two auto manufacturing state after Michigan and the number one manufacturing state overall based on a percentage of population. Washington could debate the pros and cons of a national industrial policy and an auto industry bailout ad nauseum, but it was the people in small towns in Middle America who would live or die by the policy decisions of their distant national leaders.
|Product dimensions:||6.46(w) x 9.28(h) x 1.14(d)|
About the Author
Abe Aamidor is an award-winning journalist and a former reporter for the "St. Louis Globe-Democrat," "Champaign-Urbana News-Gazette," and the "Indianapolis Star" newspapers. He is the author of "Chuck Taylor, All Star" and "Shooting Star: The Rise and Fall of the British Motorcycle Industry" and is a former journalism professor at Southern Illinois University, Georgia Southern University, and Indiana University. He lives in Carmel, Indiana. Ted Evanoff is a newspaper reporter who has received more than two dozen reporting awards for writing about the automobile industry, manufacturing, and economic development. He is a former automotive writer at the "Detroit Free Press" and is currently the economics reporter for the "Indianapolis Star." He lives in Zionsville, Indiana.
Table of Contents
Chapter 1 The Perfect Storm 1
Chapter 2 Dogs at the Gate 23
Chapter 3 Their Year of Decision 45
Chapter 4 Government Motors 77
Chapter 5 UAW 101
Chapter 6 Ciao! 135
Chapter 7 What's Good for General Motors 165
Chapter 8 Reuther's Ghost 201
Chapter 9 Saving Our Cities 235
Chapter 10 Electric Shock 271
Chapter 11 What's Good for Walt Street 313
Chapter 12 Into the Brink 359
What People are Saying About This
"This book is for those interested in a people-focused perspective of Detroit’s collapse. It will complement the deeper look into the turning points in U.S. auto industry history provided by Paul Ingrassia’s Crash Course: The American Automobile Industry’s Road from Glory to Disaster." Library Journal
"This book is at once an American industrial history, financial assessment, cultural analysis, economic inspection, and global forecast. Evanoff and Aamidor's work deserves praise for its meticulous reporting and thorough research." Christian Science Monitor