mde3031

GM, Ford: Big Mistakes Keep Piling Up

It sure is easy to pick on the American car companies, but lets look at the overall picture. The Japanese market is closed to the Americans and our market bends over backward to accept imports. The Japanese government invests in their auto industry while our government over regulates ours. Toyota development costs are covered in a home market where their only competition is domestic. They make a huge profit in their parts making operation that is boosted by their government manipulation of currency. Instead of the Japanese companies coming over here to America and using our supplier base they were given huge tax breaks to bring in their own. The Japanese have completely destroyed our auto manufacturing base making almost impossible for us to compete. Now one of the biggest industries here at home is tearing down factories for commodities to be put back together in China. The American auto industry has made large strides to compete with the imports, but due to our basic style of government
we cannot compete with imports. Imagine you could go into someones else market and have a ten percent advantage from the get go on the fact every American car company has to pay health care for its employees. Nay sayers want to say government loans are a bail out,but the facts remain the same, the Japanese government, subsidizes their industry and we do not. Let our government even the playing field and see how we kick the Japanese butts.