Volkswagen to build cars in the US, too!
Posted on 11/12/2008 11:41:02 AM PST by foutsc
So the Big Three are asking for a government handout... You should write your representatives and ask them this question: If you want to get mad, go read this WSJ article about how GM pays people to not work. Speaker Pelosi is worried about excessive executive pay when she should be focusing on excessive executive stupidity. Professor Phil Gramm points the finger at dysfunctional state governments: Why are the Big Three going broke and asking for taxpayer money while Toyota USA is expanding?
Ford, GM and Chrysler have become as sclerotic as the liberal states that host them. Like the failed state of Michigan, the Big Three promised goodies to the masses and now they have the gall to ask the American taxpayer to fund their generosity. Note to nanny-state liberals (in government and on corporate boards): It's not generosity when you do it with other people's money!
Business conditions were better in the successful states than in the lagging ones. Capital and labor gravitated to where the burdens were smaller and the opportunities greater.The facts show that soak the rich policies, over-regulation, and yes, overreaching unions, destroy jobs. States like Ohio and Michigan have only their failed liberal policies to blame. And the same can be said for the welfare queens who run the Big Three: They overpromised and undersold on pensions and benefits. You can pile the goodies sky high, but somebody has to pay the bill. Toyota knows this, as does Texas, Tennessee, and Florida.No one should let Michigan politicians blame their problems solely on the decline of the U.S. auto industry.
Yes, Michigan lost 83,000 auto manufacturing jobs during the past decade and a half, but more than 91,000 new auto manufacturing jobs sprung up in Alabama, Tennessee, Kentucky, Georgia, North Carolina, South Carolina, Virginia and Texas.
Liberal Democrats and the press (but I repeat myself) will be trying to convince you otherwise.
Arm yourself against their economic nonsense by going here and reading the entire article on state economies. I also recommend you read everything written by the erudite and highly entertaining economics professor Walter E. Williams. Here is a quote from his web site:"We hang the petty thieves and appoint the great ones to public office." -- AesopWalter E. Williams home page: http://www.gmu.edu/departments/economics/wew/
Gramm Article on State Economies
http://online.wsj.com/article/SB122126282034130461.html?mod=opinion_main_commentariesTwo years ago my sister bought a Toyota Yaris 4-door for $15,000. What a great little car. Nice solid feel when you drive it and the interior and exterior don't scream econobox. She loves the car, and especially loves the great gas milage.
Blame it on the Monopoly of labor The U-A-W...!!! Ms pelosi and reid failed to mention them yesterday!!
Bttt
I love it when Detroit touts a hybrid that gets 30 MPG, and my ‘07 Camry hybrid gets 33 in city and 40+ on highway. I am interested in seeing what that new Fusion hybrid ends up getting. My Camry will run all electric @ 45 or less - I hear the Ford will do it at 47 so should be better (they have one as the pace care at Homestead this weekend). I’m really interested in what comes of the Ford-Volvo work into electromagnetic wheels (est. 165 MPG) where a small efficient gas motor keeps the battery pumped up.
Their currency is undervalued. This is no secret. The governments do it intentionally to promote exports. If one Dollar equals 2x yen then they make twice as much profit.
Maybe because they have a superior product? Where it goes and goes as long as you change the oil??
And I'll bet you complain about US businesses going overseas.
I wouldn't be so proud of that one...Subaru is the car of choice for the left-wing whackjobs and homosexual community, in California at least!
The Toyota plant here in Texas shut down for 90 days and just now started back up. They only restarted one of two lines, however.
Hello? We are talking about Japanese auto plants here in the U.S., making cars that you buy with U.S. dollars.
Heard/read that those hybrids get worse gas mileage when running the gas engine - they factor in the total MPG with the electric motor ... not fair ....
You think this a US company? The forex deal is a major player here. The auto unions should be downsized in the US but to blame it entirely on them is not accurate.
Not you blaming the unions, just a general point. My apologies.
You can add Mississippi to that list of states.
In fact, one of the primary reasons manufacturers locate overseas is to avoid “dealing” with the foreign exchange rate, so I don’t think you fully comprehend how things work.
It’s cheaper for a Japanese company. Like I said.
No worries. I should clarify also that the Toyota Yaris (I think) is imported, whereas the Camry is not . . . so there is some of a foreign exchange factor.
ha ha
Yes, I know I drive a lefty-mobile.
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