Wednesday, October 27, 2010

What about those exported jobs?

What about those exported jobs? Doesn't the US Government have a stake in GM?

We can force them to close dealerships owned and manned by Americans but we can't stop them from manufacturing overseas? Sounds easy to complain but hard to stop.
The government required the some car manufacturers to close their dealerships. That would mean a loss of jobs for many. It might also send revenue out of a local economy.
It certainly lessened competition. What does Economics 101 teach? The more competition the lower the price, the greater the selection, more inovation and the natural process of the strong surviving. Maybe the Economic's books need rewriting. OR, maybe they just need to be reread by those in power.

Anyway, take a look at the link. How is this being explained?Buick Lacrosse May Be Produced in Ukraine, now produced in China


Also see previews of my book: (inside the book) "Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum on Amazon at:
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1288204357&sr=1-1

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