Bob Lutz, former vice chairman of General Motors, discusses why U.S. carmakers find themselves in their current predicament and why he never became CEO of GM.
Obama is pressing tourism and green energy jobs. His jobs czar, GE's Jeff Immelt, says easing visa applications and upping energy efficiency would help. Really?
Some economists say it will take much more sweeping measures to create jobs, things like an even bigger round of stimulus. But they aren't likely to happen.