Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mr. Jeeves

The unions were destroyed by high oil prices and the political fallout which included the EPA and anti-coal/anti-nuke demagogues — energy costs went from low and stable to high and unstable — and foreign. Steel production went overseas, where labor costs were low and environmental ‘protection’ nil. Auto needed more expensive vehicles to cover labor costs, and that meant larger cars (Chrysler was the first US company to actually make money on a domestically produced subcompact, the Neon), which got lousy fuel economy — and ultimately the permanent change from 35 cents a gallon to $1 or more (and now, at 42 gal p bbl, $100+ a bbl, and 53 cents a gallon federal excise, $3 is the permanent floor) meant compact and subcompact cars from the Far East took over a large piece of the market (in the late 1950s, Chevy by itself was about 40 percent of the car business in the US).


8 posted on 09/13/2014 11:21:51 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: SunkenCiv
Re: “The unions were destroyed by high oil prices and the political fallout which included the EPA and anti-coal/anti-nuke demagogues.”

Today, USA oil prices are close to $90, and “clean” natural gas is being produced in record volume for under $4(mmBtu).

Does this mean the return of industrial unions!

15 posted on 09/13/2014 1:19:46 PM PDT by zeestephen
[ Post Reply | Private Reply | To 8 | View Replies ]

To: SunkenCiv

Don’t leave out the folks abroad. They want what others have, more money, better quality of life. They are willing to work long and hard for a better life.


25 posted on 09/13/2014 2:21:31 PM PDT by bert ((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson