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Their stimulus is paid for by hard earned savings, not promises of worthless IOUs paying pathetic interest rates.
"unbridled" is relative here. Corporations and small businesses have MUCH fewer regulations and thus all many players in the game. How many semiconductor mom and pops? How many manufacturing mom and pops? Yes, unbridled relative to rampant fascist corporatism here.
It's not socialism Obama approves of in the economy, it's fascism. Socialism for the people, fascism for business.
I couldn't care less what the American Car companies do. They can go bankrupt and it would not affect me. Japanese car companies have factories in the US and will continue hiring American engineers and American workers.
Hopefully the Chinese will be equally generous to a former enemy.
At this time only a few Walmarts across America are test marketing auto sales with Chinese made trash cars. Just wait till all Walmarts have a Chinese made auto sales lot in their stores and watch people go goo goo gaa gaa over them.
Ohhhhhhh wooooooooooow $1995.00 for a brand new car !!!!
Sounds real good but like anything......ya get what ya pay for.
I would tend to agree with you. But if I had to guess, I'd say there was probably at some point some anti-Japanese sentiment when the Honda Civic was first introduced. Ask GM/Ford/Chrysler if Honda buyers are "getting what they paid for"?
I wouldn't be so quick to wholesale reject Chinese quality just yet. They may pull the rug right out from under U.S. automakers. I certainly hope not.
One of the fruits of pragmatism which has resulted
in increased wages and strengthening of the middle class. Similar story in India. This while both aspects have shrunk in America since the 80s.
unbridled??? Are you able to read or just stuck on know it all mentality? Chinese impose oppressive restrictions, and did resort to price control subsidy to their own detriment when oil was selling at $100 bbl. Too bad you've got selective attention deficit disorder. You kill our country with that nonsense keeping everyone stuck on stupid. Good job sporto.
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