GM Exec: Nation Needs To Live Within Its Means
SOUTH BEND, Ind. (AP) — The top executive at General Motors Co. says the nation needs to live within its means, saying both Social Security and Medicare need to be changed and improvements are needed in the public education system.
GM Chairman and CEO Dan Akerson made the remarks during a talk Friday to about 300 University of Notre Dame students about leadership.
A student asked him whether he would take a stance in favor of President Barack Obama's jobs plan because it would be a chance for GM to do some good and give back some its profits after receiving a government bailout.
Akerson says it isn't his job to solve the nation's problems. Akerson says he's going to focus on his job of turning a profit and let lawmakers solve the nation's problems.