With GM having finally filed a Chapter 11 bankruptcy, maybe the auto industry and our whole economy can finally stop the dreading and nay-saying and move on. It's about time.
6,000 GM dealers received one of two letters from GM this week, the good one and the bad one. The bad one said "so long" basically. The good one, if you can call it that, set out new expectations for surviving dealers and new requirements too and gave a June 12 deadline to agree "or else" they'd find themselves being included in the bankruptcy and not invited along for the "survival ride" so to speak. Ok, so do it already, GM.
What this economy needs, we suspect, is for everyone to stop talking the doom and gloom trash and start getting over it and moving on.
At a concert in Dayton last night, the musician thanked the crowd for coming out and went on for another half minute or so to talk about the fact that we live in a resilient society in this country and that we will all survive the current economic mess and, perhaps, just keeping that in mind can help us to cope with the present and have more faith in the future. To be sure, we still need to be careful on this rocky road, but he had a good point about keeping in mind that the road does eventually lead us to a better spot.
It's time that Detroit, and the rest of us, turned the page. That starts with each of us. Then, maybe the media will realize that all of us regular folks have heard enough of the negative and tone it down too.