If the auto companies had built small fuel efficient vehicles a
decade or more ago. Who would have purchased them? The auto
companies built vehicles that the American people wanted to buy. It
takes a few years to get a product from development to
production. And in this litigious society they have to make them
idiot proof too. Not an easy task. Then there is the health care
issue. It is in their best interests to help keep their employees
healthy and working. Health care costs are astronomical but that is
not the fault of the auto companies. The foriegn auto companies are
given huge incentives to build factories and sell cars here. Not so
for the big three. Why not tell them, foriegn auto companies, to go
home and export their products here with a tariff tacked on. I
firmly believe in competition but only if it is on a level playing
field. And lest not forget what the auto companies did during World
War Two.
The one issue I have with the auto companies is their
executive salaries and golden parachutes. That must be restructured
to be more in line with labors compensation. If the auto companies
fail it will end American manufacturing. We will not make anything
anymore. We are already the largest debtor nation in the World.
Soon to become a third world country. And I believe it all started
with deregulation during the Reagan administration. Quite possible
the worst President in American history.