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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (72371)	9/21/2009 11:50:28 AM
From: Little Joe	2 Recommendations Read Replies (1) \| Respond to of 224729

"Our U.S. car manufacturers would have been Ford and Toyota and Honda (maybe Kia and Hundia too) but ONLY Ford would have been a U.S. company." You can't know that. The corps or their assets might have been purchased by an American company, in which case it was far more likely that we would have competitive auto company in America. lj

To: RMF who wrote (72371)	9/21/2009 3:43:12 PM
From: TimF	1 Recommendation Respond to of 224729

Americans would still buy cars, many of those cars would still be made in the US. The parts manufacturers would sell to whoever made the cars. Bankrupt or not the final assemblers and the parts companies would still employee most of the people they employed before (perhaps in a new corporate structure, or perhaps in an old company that gained market share as some other failed). Employment would tend to decline in this industry but that's a feature not a bug. Meeting the demand with less workers means the other workers can shift to something new and increase production overall. Its commonly known as creative destruction.