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Quote:

Posted by Guest (Post 179696)

I agree with you..There is alot of doom and gloom when in fact this is a very natural correction which takes place after recovery periods. The sky did not fall in the past and I suspect it will not fall in the future. I do think the politicians should be careful in trying to play with it since it is a natural economic adjustment. Whether it takes 14 months or 4 years it will correct itself. When you see all the people buying after Christmas it should make everyone happy as that is inventory being used that must be replaced. That causes jobs. I believe the auto industry is a little different and may have to be managed back to health because of the incredible impact a total failure would have on the US. BUT having said that they must become competitive and I would not suppose to be smart enough to say all that must take place to make that happen.

AMEN to "I do think the politicians should be careful in trying to play with it since it is a natural economic adjustment."

Too much government interference, even in the name of helping, is going to hurt and make it worse !!!

Quote:

Posted by Guest (Post 179704)

Yep!

I still think there is nothing unique about the auto industry that requires government meddling and pandering. Nothing the government is proposing to do will reduce the inventory backlog, and will probably make it worse. You just don't continue to make more product when nobody wants it. Until someone figures out how to make consumers want to buy from the existing inventory, the auto industry is in Never-Never Land.