Quote:
Originally Posted by xmicro_Redline
I think it is more of the way the whole countries economics are structured that would cause a complete collapse of the big 3. I mean they have been failing for years. They just do not understand the principle of building a solid car from the beginning and you spend less in the long run with warrantee repairs and your dealers ripping you off fro those repairs. The other problem is too many MANAGERS and those managers MAKING TOO MUCH SCRATCH!
But the Economy will push them over the edge. From housing prices, to the massive cost of living period. Let's face it, if a couple does not pull down $125,000 to $150,000 a year in a City Area, like NY you can not live and own a house and car. How little can you pay your workers and expect a good product to come off the line. Then of course with gas prices they are losing their biggest profit center (Trucks and SUV's). On top of the fact that nobody is spending as much as they usually do on anything.
But all Manufacturers are sending production over seas to CHINA. This is the big catch 22 of this countries economy, causing the separation of classes. It is all about the big wigs being greedy and getting rich off the Chinese crap they sell us. If everything was produced here, it would cost more, lower to middle class would make a better living. By sending everything out to CHINA, we screw ourselves. Middle to lower middle class jobs are disappearing. So in 20 years, more than likely, you will ether be rich or poor... where do you fall??
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Thank you for mentioning the overseas job movement. People don't seem to pay attention to where things they buy are made, or they just don't care. "If I have a job, why should I care about any other American?" That seems to be the mindset nowadays. Patriotism is dead. Nationalism is dead. The government needs to start imposing tariffs on imported products. With the money made from tariffs, subsidize companies who create jobs in the U.S. That could increase the price of imported products and lower the cost of domestic products.