--- title: "Meaning & Key Takeaway of: It is a fact that today steel can be made…" description: "\"“It is a fact that today steel can be made more cheaply outside America. This is also true of many other products: shoes, shirts, toys, and so on. Cars..." image: "https://sms4smile.com/quotes/i/810/dinesh-d-souza-2242_bad-decisions_it-is-a-fact-that-today-steel-can-be-mad_123973.jpg" --- # It is a fact that today steel can be made more cheaply… ![“It is a fact that today steel can be made more cheaply outside America. This is also true of many other products: shoes, shirts, toys, and so on. Cars are different—Detroit’s prosperity plummeted because auto executives made bad decisions and overpaid their workers. Consequently others figured out…” quote by Dinesh D'Souza](https://sms4smile.com/quotes/i/810/dinesh-d-souza-2242_bad-decisions_it-is-a-fact-that-today-steel-can-be-mad_123973.jpg) [Download](https://sms4smile.com/quotes/i/810/dinesh-d-souza-2242_bad-decisions_it-is-a-fact-that-today-steel-can-be-mad_123973.jpg) [Open image](https://sms4smile.com/quotes/i/810/dinesh-d-souza-2242_bad-decisions_it-is-a-fact-that-today-steel-can-be-mad_123973.jpg) > ““It is a fact that today steel can be made more cheaply outside America. This is also true of many other products: shoes, shirts, toys, and so on. Cars are different—Detroit’s prosperity plummeted because auto executives made bad decisions and overpaid their workers. Consequently others figured out how to make cars better and more cheaply not only in Korea and Japan, but also in other states like North Carolina. There is unintentional comedy today in watching Michael Moore’s film Roger and Me, in which Moore chases around the head of General Motors to find out why he closed the Flint, Michigan, plant in which Moore’s father used to work. Moore thinks that the plant was closed because greedy bosses like Roger Smith wanted to keep more profits. He fails to mention that unions, like the one his dad belonged to, pressured GM to raise wages so high that GM cars just cost too much. Hardly anyone wanted to buy mediocre cars that were so expensive. Either GM had to keep losing market share, or figure out how to make cars more cheaply. So if Moore wanted to find the greedy fellows who caused the Flint plant to close, he should have started by interviewing his dad.”” [Dinesh D'Souza](https://sms4smile.com/quotes/author/dinesh-d-souza/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. American auto decline stems from poor management and high labor costs, while foreign producers succeed with cheaper, better cars; blaming unions oversimplifies the issue. **In simple terms:** Bad decisions and wages hurt US car industry. Key Takeaway Complex market failures cannot be blamed on a single factor. Themes economics industry labor global competition Mood analytical critical Type expository argumentative When to use this quote - business strategy meetings - policy debates Key Concepts market dynamics policy analysis Practical Applications - evaluate cost structures before attributing blame Questions to Reflect On - What other factors contributed to US auto decline? - How can unions and management collaborate for competitiveness? A Different Perspective The analysis may underplay consumer preference and innovation gaps. ★ ★ ★ ★ ★ No ratings yet [Bad decisions](https://sms4smile.com/quotes/about/bad-decisions/) [Market share](https://sms4smile.com/quotes/about/market-share/) ## Related quotes > [Well, as you know, General Motors does not make hybrids. 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In order to exercise virtue, we need to have the ability to choose freely.](https://sms4smile.com/quotes/dinesh-d-souza/liberty-is-the-essential-precondition-for-achieving-virtue-in-order/) [Dinesh D'Souza](https://sms4smile.com/quotes/author/dinesh-d-souza/) > [Christianity teaches that this life is not the only life, and there is a final judgment in which all earthly accounts are settled.](https://sms4smile.com/quotes/dinesh-d-souza/christianity-teaches-that-this-life-is-not-the-only-life-and-there-is/) [Dinesh D'Souza](https://sms4smile.com/quotes/author/dinesh-d-souza/) > [What I've realized is that a film operates both on the intellectual and emotional levels, and if you can find a way to tell…](https://sms4smile.com/quotes/dinesh-d-souza/what-i-ve-realized-is-that-a-film-operates-both-on-the-intellectual/) [Dinesh D'Souza](https://sms4smile.com/quotes/author/dinesh-d-souza/) > [“The only difference is that Mengele didn’t get away with it while Soros’s explanation seems fully satisfactory to the political Left. 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To date, I had made three.”](https://sms4smile.com/quotes/melika-dannese-lux/a-decision-made-during-a-moment-of-weakness-can-ruin-your-life-to/) [Melika Dannese Lux](https://sms4smile.com/quotes/author/melika-dannese-lux/) > [“Heavy smokers and drinkers do not alter their habits, they simply spend more of their income on the taxes punishing their bad decisions. 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As much as I'd love to, life doesnt allow…](https://sms4smile.com/quotes/anonymous/ive-messed-up-made-bad-decisions-and-regret-things-ive-done-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You need to be empathetic in your own personal life and we help our neighbors and our friends out who are struggling in our…](https://sms4smile.com/quotes/thomas-sowell/you-need-to-be-empathetic-in-your-own-personal-life-and-we-help-our/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Bad decisions make great stories.](https://sms4smile.com/quotes/anonymous/bad-decisions-make-great-stories/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Browse all 258 Bad decisions quotes ](https://sms4smile.com/quotes/about/bad-decisions/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“It is a fact that today steel can be made more cheaply outside America. 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