EdwinWillers
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- Jan 13, 2010
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I suppose I could go out and buy a $40,000 Volt, once they re-design them not to blow up.
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Someone's been doing a little shopping around.
These average 82 mpg (US gallon) and are a well tried and tested technology, they cost less than 40,000 dollars I think
Americans, in the face of back-breaking trade deficits, are still buying foreign made vehicles by the millions. Have we learned nothing?
Apparently you haven't learned how to make vehicles that are better than the competition. It's all very well to be patriotic but buying an inferior product if the prices are comparible isn't something most people are going to do.
My Honda Civic was made in Greensburg, Indiana.
Buying American goes well beyond being 'patriotic'.
Well not to worry, all the American investers into Japan can just pay more taxes for bailouts and unemployment. And help with food stamps the Detroit auto workers receive and the steel workers garment districts and workers who lose jobs or have to take 50% pay cuts. It only when your living is changed that you will be concerned. Don't worry you will get your turn in the welfare line. Take a moment to quit trashing American products and consider the domino effect. Unemployment means loss of taxable income then workers become subsidized by the fed. And guess what you pay more and more taxes or lose your job because your company bolted. How great are their cars? How cheap? We just love those Walmart prices and don't we just love working for 6 bucks a hour then paying half of that in taxes. Welcome to third world America. Oh but yes the British will be sucked down the third world drain with us. Wake up we are broke! The only way to stop it is to step up manufacturing and exports cut corporate taxes to bring jobs back to the states. There's a lot more at stake than driving Japanese yupi Mobil's and trying to impress someone
Our problem is that U.S. dollars aren't being spent back here. There is an overseas economy that runs on American dollars. More than half of all U.S. dollars ever printed now circulated in the global markplace. Our dollars have gone from 'reserve' currency to 'default' currency for these nations and enterprises. The international drug trade, for example, runs on American dollars. The underground economy of Russia, which comprised half of their domestic economy, runs on our dollars (the favored denomination being the $100 dollar bill). China holds and buys American dollars as a means of weakening us economically. Japan has done the same and even when they were in dire staits economically they retained their hold on billions of our dollars.
We are victims of our own success. Our dollars are more secure and have a greater purchasing power than any other currency. The economies of many nations are being upheld by their holdings of our currency.
Another problem is this. If our dollar weakens too much these nations will have to dump them back on us. This will leave their currencies vulnerable as ours has been upholding theirs. That is why they will make sure that the dollar is stronger against theirs by adjusting theirs downward if ours falls too far. They know that if dollars are dumped and the U.S. economy collapses that they will shortly follow.
In this regard everyone is now the 'victim' of American success.
If we create dollars out of thin air-- and people take them and we never have to honor them; then we got something for free.
If we create dollars out of thin air-- and people take them and we never have to honor them; then we got something for free.
Americans, in the face of back-breaking trade deficits, are still buying foreign made vehicles by the millions. Have we learned nothing?
Well I still have the same dilemma I've had for decades; Support a hard working foreigner or support an American union worker? That's a really tough decision for me.