Peter O’Hanraha-Hanrahan reports on the US car industry

By popular demand here is another clip from our favourite economics correspondent Peter O’Hanraha-Hanrahan. This time he is talking about the massive redundancies in the US car industry. I am on mid-term break this weekend and as we are going to where there is no Internet connection I’ll resume service again on Tuesday.

One thought on “Peter O’Hanraha-Hanrahan reports on the US car industry

  1. Ben Cahill August 30, 2010 / 11:31 am

    Although Peter gets it wrong with his “35,000” quip, it is an interesting idea to discuss with your class in terms of the multiplier, maybe the reduction in spending power of those laid off will impact on 35,000 over time – I say score one for Peter!

    Like

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