ArbyH

Cash for Clunkers: An Analysis

Historically, repeatedly in the rise and decline of all of the great economic powers there were 6 things that always occurred:
1. One country secured and economic advantage, rather product or trade route, and applied that advantage to become a major economic power.
2. A second country learned (diffusion of technology) what that advantage was and copied it, becoming even more competitive then the economic power.
3. The second country, now being the more competitive, imported their product into the major economic power's markets. The people bought the import because it was good quality and cost less. The citizen's purchases of imports over domestic products led directly to their own country's economic decline.
4. The governments of the economic power were rigid, hamstrung and unable to respond to protect their own markets.
5. Once on the decline the armies of the economic power were always fully deployed in the furthest reaches of the empire.
6. There was always a moral decline in the people's behavior in the economic power. Decadence...perversion whatever.

Buy American!!! GM is American. Ford is American.
The military industrial complex is a perversion of what we have become great at producing.
We have given away almost all of the domestic industries we were great in. It is time we reclaimed some of them and bought American even if we pay a little more. It is either that, or collectively become poorer until the dollar collapses and the importers move on to other markets and we are forced to produce for ourselves anyway.