Too Smart Toyota

I heard a news analyst saying this morning that Toyota had simply gotten too smart for its own good - they slashed costs so much they forgot to include quality control in its budget. Several warning memos written by its own employees way before the problems started to mount have been found. People never learn from history - they simply like to make their own bad history by repeating the mistakes of the past. This applies to politics, manufacturing, religion, sports, economics, education, you-name-it.