Ok! You are a Toyota Republican! Congratulations!!
Last year GM sold 1 million more cars in the USA than your beloved Toyota (Japan's #1).
Ford sold 1 million more cars than Honda (Japan's #2).
Even Chrysler sold 1 million more cars than Nissan (Japan's #3).
Most Americans, unlike you, are idiots and buy "shitty cars". It must be great to be such a genius.
The auto industry's problems have NOTHING to do with the collapse of CREDIT. Most American's buy cars for CASH after all!!
It's not like a bunch of rich New York bankers destroyed banking system, got a bailout 1000 times bigger than Detroit, and never had to answer a freaking quesiton. No, not at all.
It's not like Toyota and Nissan are not massively subsidized by Japan! No, not at all!! They are paragons of the free market!!!
Hell, it's not even like Toyota, BMW, Mercedes et. al. didn't get HUNDREDS OF MILLIONS of subsidy dollars to locate in the South. No! That never happened.
RANDOMHERO97 - wake up and smell the coffee.
Child Labor Laws (China have those? Japan??)
OSHA regulations.
Unemployment Insurance
EPA regulations.
Social Security Insurance.
Medicare and Medicaid contributions.
Long Term Disability (LTC) insurnace.
Workmans Compensation regulations & insurance.
Minimum Wage Laws
Equal Employment Opportunity Commision regulations
Affirmative Action regulations
Regulations on not firing Army Reserve troops
... and many more.
Perhaps you are a libertarian and feel we should get rid of all this? Race to the bottom and comepete directly with slave states like China??