The latest example of idiocy on parade – the Anointed One (Barack Hussein Obama) and CAFE standards.
In this installment, we look at unfair trade practices.
Now mind you, I’m a free-trade kinda guy. I’m a huge believer that free-trade practices provide competitive pressures that force companies to provide better products. And we’ve seen this happen with the Japanese invasion in the 1970s. The US automakers got complacent in making crap. Along come the Japanese, with their focus on constant quality improvement, and gave the sedentary US auto sector a good run for its money.
As it stands right now, US automakers make cars that are as good, if not better, than what the Japanese make. You’ll never hear this being said, because the major media outlets are more focused on the tag-line that domestic cars suck. The fact is cars from Ford, GM, and Chrysler have come a very long way from even the quality improvements of the 1990s.
This is a prime example of how open markets, and competition works.
Unfortunately, the competitive advantages are skewed against domestic automakers. Much of this is the fault of government.
…they’d pass funding for a Big Three bailout.
For those of you who know me, this may seem like a HUGE reversal of my basic principles. I think companies should stand and fall based on the market. Even though I feel that the federal government is to blame for a vast majority of the problems that the Big Three encounters, my inclination is that government should get out of manipulating the private sector. A bailout of companies like GM and Chrysler only injects more government intervention into the marketplace.
However, I think now is the time for Republicans to agree to the passage of a bailout for the US automakers, and quickly.
In this part of the series, we discuss a favorite liberal technique for destroying industries: regulations. And I’m specifically discussing: emissions regulations.
Up until a few years ago, I avoided the automotive sector like the plague when looking for a job. I got canned at my previous position, so the first decent offer that came along I jumped at.
It placed me at a supplier (of sorts) to the Big Three, and for the last several years I’ve been working at one of the auto companies. Furthermore, not only have I been working for one of the auto companies, but also several other companies that supply domestic automakers with specific solutions (which my elusive nature forbids me to divulge). Needless to say, I have a lot of inside information about the American auto companies.
I can say, with some credibility, that the people running places like GM, Ford, and Chrysler had very little to do with their current predicament. Most of the failures at the Big Three were brought on by the federal government, and liberals in generals. So, I decided to do a series of posts on the reasons for the impending collapse of the auto industry.
In this post, we examine labor unions.