Quote:
Originally Posted by samhass
It might be interesting to know what percentage of our total economy is based on the big three domestic automakers.
What percentage of our economy is spent at Walmart on Chinese goods?
If you may have some stake in the welfare of UAW, you may be biased in your argument. IMHO, the American automaker sold us planned obsolescence. The Japanese ate their lunch. It should never have been that way. We should have been at the forefront of technology. When did we stop being at the forefront?
Why did we ever allow them to build a better vehicle than we could build?
It is a scary world right now. Maybe our lawmakers and our workers should all go back and read "Atlas Shrugged" and "The Fountainhead".
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I don't know what percentage of our total economy is based on the Big Three, nor do I know what percentage of our economy is spent at Wal-Mart on Chinese goods (though I do suspect it is not low). What I
was told by an economist friend struck me as a staggering statistic: that 1% of the GNP of China--a huge and rapidly growing economy--is Wal-Mart alone!
The last 'Big Three' car we ever owned was a 1984 Ford. It had three warranty problems, none really major, but I had to do endless battle, fighting tooth and nail nonstop with Ford Motor Company, to get them to stand behind their warranty--and deal with the inconvenience of bringing the car back and forth, having it laid up, and so forth. I can't say--I don't know--if this was a management or a UAW or some other issue, but at that point we said 'never again,' and so it's been. Since then we've owned Honda, Toyota, and Mitsubishi and have never had such problems.
When I was a kid growing up in New York City I used to go to lectures given by Nathaniel Brandon and Ayn Rand. Both
Atlas Shrugged and
The Fountainhead are sitting on our bookshelf waiting for me to find that 'copious free time' that I thought came with retirement to re-read. And maybe it should be required reading....