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American Capitalism -- Reason to be Proud!

A Japanese company (Toyota ) and an American

company (General Motors) decided to have a canoe

race on the Missouri River. Both teams practiced

long and hard to reach their peak performance

before the race.

On the big day, the Japanese won by a mile.

The Americans, very discouraged and depressed,

decided to investigate the reason for the crushing

defeat. A management team made up of senior

management was formed to investigate and recommend

appropriate action.

Their conclusion was the Japanese had 8 people

rowing and 1 person steering, while the American

team had 8 people steering and 1 person rowing.

Feeling a deeper study was in order, American

management hired a consulting company and paid

them a large amount of money for a second opinion.

They advised, of course, that too many people were

steering the boat, while not enough people were rowing.

Not sure of how to utilize that information, but wanting to

prevent another loss to the Japanese, the rowing team's

management structure was totally reorganized to 4 steering

supervisors, 3 area steering superintendents and 1

assistant superintendent steering manager.

They also implemented a new performance system that

would give the 1 person rowing the boat greater incentive

to work harder. It was called the 'Rowing Team Quality First

Program,' with meetings, dinners and free pens for the

rower. There was discussion of getting new paddles,

canoes and other equipment, extra vacation days for practices

and bonuses.

The next year the Japanese won by two miles.

Humiliated, the American management laid off the rower for

poor performance, halted development of a new canoe, sold

the paddles, and canceled all capital investments for new

equipment.. The money saved was distributed to the Senior

Executives as bonuses and the next year's racing team was

out-sourced to India

Sadly, The End.

Here's something else to think about: Ford has spent the last 30 years moving its factories out of the US , claiming they can't make money paying American wages.. TOYOTA has spent the last 30 years building more than a dozen plants inside the US. The last quarter's results: TOYOTA makes $4 billion in profits while Ford racked up $9 billion in losses.

Ford folks are still scratching their heads.

TOYOTA makes most of their parts in the US. General Motors makes most of their parts in Mexico. American made?

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