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June 4, 2009

Robert Reich steals my line

Hancock, May 29:

On Thursday, GM disclosed that the government would own 72.5 percent of the company immediately after the bankruptcy process ends. This confirms the corollary of the famous aphorism made by Charlie Wilson, GM's boss in the 1950s: What's bad for GM is now really bad for America.

Robert Reich, June 1:

Wilson’s edict, too, has been turned upside down: in many ways, what has been bad for GM has been bad for much of America.

(I'm not really accusing him of plagiarism, a charge that gets thrown around too freely. I doubt he read my piece, and in any event it's sort of an obvious thing to say.)


Posted by Jay Hancock at 8:10 AM | | Comments (1)
Categories: The Great Recession
        

Comments

Right. Because Robert Reich would never, ever act unethically:
http://www.slate.com/?id=2447
http://www.slate.com/?id=2488
http://www.reason.com/news/show/30393.html

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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