"Let's look at the auto industry. Through innovations like computer design, automated manufacturing processes, plastics, etc the US auto industry is strong. Consumers have more choices in vehicles, profits are high, life-cycles are short and quality is at its best.
If we would have listened to the protectionists in the 1980s, our car companies would have been protected, stagnant and dead meat when finally exposed to Japanese competition."
Oh yeah, the auto idustry is strong. Japanese cars out sell US cars by a huge margin in the US and there is a good reason for it. They know what American consumers want in an automobile better than detroit does. And they still build a superior product for less, and they have outsourced their workers to robots.
Wrong. The Japanese still have the 4th and 5th place market share in the US.
And they still build a superior product for less, and they have outsourced their workers to robots.
And outsourcing to robots is bad??????