I am mad at Shelby and the others...they subsidized competitors. I understand they wanted jobs...but they should not use federal money for this...state fine-but not federal.
It would be very pleasant to hear Toyota screaming...if people understood the situation, they would not buy these foreign cars. Transplants assemble the cars-simple assembly nothing more. The profits go home to Japan. All R&D is done in Japan...American engineers who have worked for these companies (and still do in some cases)have told me how anti-American Toyota is. They are treated like half wits. Also, if the big three went away, they would pay far less then now...10-14 dollars an hour. A memo was released (without permission) by two Toyota employees who have since been fired discussing this matter.
Trade is definitely unfair. Toyota does not allow American cars in Japan-trade barriers. Korea is the same way. GM had to build plants in Europe and Mexico and China in order to sell cars there. Trade is a disaster and has played a roll in bankrupting this country.
To quote Winston Churchill — whose mother was from Brooklyn,
“You can always count on Americans to do the right thing - after they’ve tried everything else.”