
It was brought to my attention that allowing the car industry to fail will have a domino affect on all the other companies dependent on it. A multitude of smaller companies who provide materials to the car industry will then fail if our car industry goes under. Another argument is that the car industry had been producing what people wanted – big cars. Now the demand has suddenly changed to smaller more fuel efficient cars but the auto industry needs a few years to change their production lines. So the bailout is simply to help the industry while they redesign their factories to start providing smaller cars.
Both are valid arguments. As for the latter one, I remember the 1970s when we went through this the first time. Everyone worried that our car industry would die because Japan was making smaller cars and our industry made big gas guzzlers. Thirty years later and I don’t understand how the exact same thing can be happening. How could they have once again been so off guard as to let this happen again?
As to the satellite companies that could fail if the car industry goes under I have always

So maybe by allowing our car industry to live on we are actually hampering this country. Perhaps there are young inventors out there with great ideas for new types of cars that don’t

I was unsure when I started this if I thought the government should bailout the car companies or not. I think I have now convinced myself that it would be detrimental to this country in the long run. In the short run, yes, for the demise of our car industry will be painful but I am now of the belief that out of this pain will come a new and better industry and country.
As for this country moving towards service industries and away from manufacturing, perhaps

There would always be some manufacturing, just as we still have some farming but it wouldn’t be our primary source of employment. Besides, show me one factory worker, one immigrant, one migrant worker, one welfare mother who doesn’t want more for their children and that more always includes a higher education. So let’s move forward and become that nation of thinkers and inventors. Let America supply the world not only with our food and products but also with our ideas and knowledge and inventions.
No comments:
Post a Comment