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iggie_gw

Another Reason American Car Makers are Nearly Broke

iggie
15 years ago

There are many reasons the big three are having problems, golden parachutes, sweetheart union contracts etc. They also have to contend with legend generated by foreign cars. Many think these cars run forever with no problems, while not true as long as people believe it a problem is created for the US auto industry. I wonder if any of the people saying don,t help them, let em sink, have considered the overall effect? No matter who steps in to fill the void the end result will be money going out of the US economy. Any nations economy is like a huge jug of water if continual spoonfulls are taken out and none put back the container eventually empties. If the US trade inbalance is not corrected and soon, all the discussions about the worth of foreign vehicles to US made ones will be a moot point, all will be parked. Our only need for transportation will be a way to get to the free soup kitchen as we won,t have any jobs to drive cars to or money to buy gas. No economy can continue to take the hits ours is taking and not sink.

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