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>At that point, the American car industry becomes an inefficient protected industry. American voters have limited sympathy for those in the long run when it com
by OtherShrezzing 3y ago
>At that point, the American car industry becomes an inefficient protected industry. American voters have limited sympathy for those in the long run when it comes to consumer goods.
Do they have little sympathy? The list of protected American industries is enormous, and has been for nearly a century. Tobacco, corn, vehicles, aerospace, the energy industry, oil & gas industry. I could write out a list as long as my arm.
- JumpCrisscross 3y ago> Tobacco, corn, vehicles, aerospace, the energy industry, oil & gas industry Tobacco, corn and vehicles are the only consumer products on this list. Neither of the former is hosing American consumers. (Just taxpayers.) The last we allowed to go bankrupt (hosing shareholders) before bailing them out last time, and is the coddled industry we’re discussing.