Why the big three bailout is a BAD idea

[Da Klugs]

Originally Posted by Tombstone

Screw buying American...buy QUALITY. Ford and GM make inferior products...period (the CEO's from Ford and GM admitted this the other day). FYI there are other vehicle manufactures in the US besides the big 3 such as Honda, Toyota, Mercedes, Hyundai.

Cost differential = big part of quality differences. Take the cost differential away, narrow the quality differences.

Originally Posted by Da Klugs

Cost differential = big part of quality differences. Take the cost differential away, narrow the quality differences.

I understand your equation. But the truth of the matter is Toyota and Honda produce the same style/concept cars that Ford and GM do at the same cost to the consumer. That is why they are gaining marketshare.

[Da Klugs]

Originally Posted by Tombstone

I understand your equation. But the truth of the matter is Toyota and Honda produce the same style/concept cars that Ford and GM do at the same cost to the consumer. That is why they are gaining marketshare.

Agreed. Wages are good here. Corporate profits are taxed at 35% and those would be nice to have here as well. No easy answers, mine were based upon the assumption that they are getting the money. As currently proposed, it ends up like the financial bailout, no direct benefits, no real resolution to the underlying problems.