Jerry Springer—yes, that Jerry Springer—schools the Fox "News" bobbleheads:
SPRINGER: If the point of this discussion is to be upset with a magazine that — even if it took the position that they're pro-Obama — again, everybody in the media is doing things like that. We're here on Fox News. Every single day, in fairness, you guys, every single day, bash President Obama.
CARLSON: I'm going to take you to task on that because on this panel right here, we have a fair and balanced panel right here. And I'm the independent.
SPRINGER: But, what's the rest of the show? The rest of the show, every single morning, you guys are slamming Obama. You know you are. I'm not saying you don't have a right to. But every single conversation is something bad about Obama.
General Motors surpassed Toyota and Volkswagen to reclaim the crown of world's largest automaker with global sales of 9.03 million vehicles in 2011.
That was 11% higher than Volkswagen, which last week reported 2011 global sales of 8.16 million. Toyota has not yet reported its final 2011 sales, but last month the Japanese automaker estimated it sold 7.9 million vehicles globally last year. [...]
GM's 2011 sales rose 7.6% from . Sales in the U.S. led the way for Chevrolet with total vehicle sales of 1,775,812, up more than 13%. China posted record sales of 595,068, up 9.5% from the previous year. Other markets that posted significant year-over-year increases include Vietnam (79%), Russia (49%), Turkey (30%) and Germany (21%).
Of course Mitt Romney's solution for the American auto-industry was to let them go bankrupt.
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won't go overnight, but its demise will be virtually guaranteed.
Good job, Mitt.
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A fascinating new analysis from RAND Research Highlights, via The Conversable Economist. Health care costs have increased over the past decade about as much as your pay raises, pretty much eating any increase in income you've had over the years.