Joseph Balestrino

Joseph Balestrino
economic growth lower six slower start statistics yields
Yields will be lower in six months. The economic statistics will start to show a slower growth path.
buy critical decent gm itself product rid time
Getting rid of GMAC wouldn't get GM itself back to profitability but what it would do is buy them some time and that's critical in this business. They need some time to get some decent product to the marketplace.
bigger chicken designed game ideally
It's a bigger game of chicken ideally designed to get everyone at the negotiating table.
inflation
It is a realization that there are inflation headwinds out there.
healthy improving labor pointing strong trend
This is a very healthy labor market. We think the improving trend is in place. Everything is pointing to strong growth.