Where did the saying "As goes GM, so goes America" come from?

I have done google searches but I cannot find the origin of this quote. Does anyone know who first said this and when? I need it for school and would like to credit who said this.

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  • Vamp
    Lv 7
    8 years ago
    Favorite Answer

    This actually originated as something Charles Wilson (the president of GM) said during a Congressional hearing in 1953.

    Wilson was asked whether there was any conflict between his job and becoming Secretary of Defence.

    "“I cannot conceive of one because for years I thought what was good for our country was good for General Motors, and vice versa. The difference did not exist. Our company is too big.”

    I cannot find how it became contracted to the more generally quoted "As goes GM, so goes the nation".

    It is variously attributed but probably originates in a newspaper article.

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