Wisconsin State Journal Editorial pens a useful, cautious note:

There are no guarantees that GM will succeed with its turnaround plant. That means there are no long-term guarantees for the Janesville plant.

But in today’s rapidly changing economy, there are few guarantees for anyone.

The lesson for Wisconsin is that knowledge is vital. The knowledge-based economy is transforming all industries, from auto makers to software developers to genetic engineers. The state should invest in its knowledge assets its schools, colleges and universities. They will not only produce the educated work force we will depend upon but also the research that will generate many new businesses.

Families should also invest in knowledge the education and re-education that will be required to prepare for the changing job market.