A Comment About

What’s an Auto Industry Bailout Opponent to Do? Boycott!

January 7, 2009 - 12:00 am - by Tom Blumer
Cato
2009-01-07 05:23:54

Americanfirst: your posts simply amount to special pleading for your own personal interest as the spouse of a GM retiree. If the Detroit 3 made cars as good as the rest of the world at competitive prices, the cars would sell themselves. They don’t. Everyone who was a party to the debacle these companies represent – the UAW, management and the dealers – basically bet that the companies would survive no matter what they did in terms of wages, salaries, quality and pricing, that the cost increases could be passed along to consumers, that people would put up with shoddy quality and poor design. Well, it was a bad bet. Other manufacturers build cars that buyers perceive as better quality for their money. Why the heck should the very consumers who have recognized the problems at the companies and voted with their feet be forced to subsidize your and everyone else associated with the companies’ bad bet on the ability to build shoddy cars at high prices?