quote:Jeff and Larry can quote the government charts all they want, but it comes down to the basics.
Some are government charts, some are from other studies. Mark, it seems to be you're saying you don't like charts and figures, but you then go on to use them for your examples.
We all know figures can be stated to support any viewpoint. But if you view enough of them, you can hopefully learn enough to at least get a somewhat accurate picture.
quote:Honda, Toyota, and BMW all manufacture vehicles in the USA, and they are not asking for bailout money. Why is that?
They've already gotten their bailouts, both direct and indirect.
I can hear you now... "What the heck is Larry blathering about??!!"
Why do you think the overseas auto firms located in the industry-poor south? Because the south is known to have a lower concentration of good paying jobs, meaning newcomers can get labor more cheaply. Also because those states bent over backwards, each trying to outdo the other, and gave those companies HUGE tax concessions, free land and lord knows what else. And also, those new factories do not have decades of retired workers and the associated pension/health care costs.
That is why.
Larry