If there's a prolonged labor stoppage, people won't be wanting to buy their cars again. They'll think the company might not be there to honor the warranty.
More Quotes from Peter Morici:
The higher import prices are starting to bite and the lower import prices are starting to have an effect,' ... I think we can start to wind our way down to about 20 billion.Peter Morici
Business investment is increasingly the engine pulling the economy forward.
Peter Morici
I think we look at unions differently today than ever before. We see unions as special-interest groups that victimize society at large. We see them as obstacles to progress, and that doesn't sit very well when our world is changing.
Peter Morici
These employment gains indicate strong first-quarter economic growth, in the range of 4 percent.
Peter Morici
I think what people pay attention to is their take-home pay, ... It's a weak labor market that is causing slow wage growth, making them feel bad about the economy.
Peter Morici
With the exception of the July burst in auto sales, retail sales growth has been weak in recent months because consumers are now strapped.
Peter Morici
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Based on Topics: People QuotesBased on Keywords: stoppage
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