"I want to do for every industry in America what we did for the Auto Industry"-President Obama.....need any other reasons to vote for Romney/Ryan in November?

Hold on a minute, you can blame Reagan for our auto industry going down the tubes, GM and all the auto industrys were making recod profits until Reagan came along and threw the working class under the bus, that includes YOU! Talk to someone who by some mirical that would be still living in Flint Michigan listen to what they say!
However you tell me what would our country be like if we didnt bail out the auto indutry like we did the BANKS!

And it worked well when we were the only ones building good cars. Today it is different, we have to also build a good car that is price competitive.

ford builds the focus in thialand. a toyota tundra has more american made parts than a ford f150. this buy american crap is waaaaaaaay oversold. i buy value.

but does the money stay here,,i think not,,,,toyota gets huge tax insentives,,pays its workers then sends all the profit back to japan. thats the part people tend to forget,convince me the money is staying here

I don't care really. I mean I do. But our global competitors do things that prop up their economies. I don't think there is a govt in the world that don't do things to stimulate their economy or to save jobs that otherwise wuold be lost. If you could go back in time and ask vanquished govts of the past, govts that were overthrown, and those leaders could see the tragedies that befell the 20th century I bet they would say that they wish they did more to help people and to do things that helped secure their economic futures.

We're gonna see alot of this in next year. The drought this year will put alot of pressure on poorer people in less wealthy countries. Hungry people are angry people, and angry people overthrow govts.


So is it that big of a deal that some jobs get saved at GM? No not really. And I hate having these conversations with people who don't understand economics. And people who don't get it. I had this debate with a friend of mine. What we're seeing isn't anything new. And the next time I have an economic discussion with someone the first question I'm going to ask them is if they have ever heard of Adam Smith. And if they haven't I wont even have the debate with them. Because theyre probabably wrong and I am probably right and its a waste of my time and theirs. Because if they don't understand the history of capitalism, theyre not going to have a well thought out position that isn't some garbage one of these popular politicians has spewed out who is just as f**king clueless about how the economy works.

Bill Clinton is the only politician I have ever seen who understood how the economy works. (and no I dont want any shit for this, Im not giving him credit for the good economy, that was the tech boom)

Unlimited govt support that the democrats preach isn't the way. But the republicans are just as stupid. You will "not" create jobs by cutting rich peoples taxes alone. Because they are not the job creators. WE ALL ARE. The only thing tax rates influence is where a new company might set up shop. If there is demand and people can make money there will be investment and jobs. Plain and simple. So this is a silly debate. But so is solyndra and other democrat pet projects.

If we want a strong economy you have to have a broad middle class. A middle class that has decent jobs with decent wages and some upward mobility. If a large number of people belong to that group, there will be lots and lots of opportunities. And...furthermore for all those people who piss on people who are on govt assistance.....a strong middle class gives them the incentive to improve their lives. I mean why change if your middle class counter parts are getting food stamps now too because they have fallen so far behind?

Right now, our economy is like a dog chasing its tail.

the vast majority of toyota stock holders are american individuals or institutions. it's simple to argue that toyota is an american owned company. more auto workers are employed by toyota IN AMERICA who pay income, ss and medicare taxes TO AMERICA than any other auto manufacturer. the money is staying here. a group of japanese bought pebble beach back in the eighties. and guess what? pebble beach is still here.