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chiuchimu (Offline)
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Posts: 215
Join Date: Aug 2010
09-12-2010, 05:04 PM

Quote:
Originally Posted by MMM View Post
But the standards of manufacturing have to fit with each country's regulations. The reason there are tariffs are go keep what you are describing from happening. I do not know why the tariff imbalance was agreed to on America's side, but if Americans had been forced to only drive American cars when prices were doubling and tripling, the economy would have gone into depression. So you are saying we should have sacrificed the country to save Ford and GM?
No proof that excluding imports would have forced a recession.

Didn't Obama bailout GM because GM's bankruptcy would have hurt an already low U.S. economy. The U.S. gov bought the car company to save it.


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