Straight from Slate

For the past few weeks, I’ve been receiving Slate’s round-up of the day’s papers in my e-mail. I don’t always read it (it’s actually better on the site, the e-mail version being truncated and affected with links that track what you click) but when I do I enjoy the way the authors manage to condense the issues at hand. Take this one, from a week ago:

The Los Angeles Times, Wall Street Journal business box, and New York Times all lead with GM’s announcement that it’s phasing out 25,000 U.S.-based workers by 2008. GM crowed that it will save $2.5 billion per year. But analysts weren’t impressed, saying the move doesn’t really address GM’s larger problem: Its cars suck. “Only new product can save GM,” said one industry observer.

Really cuts to the heart, don’t it? (By the by, does anyone else think that GM’s “Employee Discount for Everyone” is just embarassing? Or, as my father puts it: “Wow, what an interesting time to work at GM. Your job might be in jeopardy, and your number one perk is being given to anyone who asks.”)

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