Made in the USA

By Teresa Ghilarducci

When Bad Things Happen to Good Jobs

Eight years ago in the early spring, when the mud is still frozen here in northern Indiana, a TV journalist called me late one night. News had just broken in Europe that the German company Bosch had purchased Allied Signal, which employed 430 South Bend workers. Within minutes of my hanging up the phone a camera crew was in my living room. During the interview, where I was serving as the local economics expert, I remarked that in one sense the news was good for area workers: German executives didn’t act like the “Corporate Killer” American CEOs, as Newsweek

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