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Reply #73: I'm disappointed with the lack of work done on trade issues [View All]

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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 12:26 PM
Response to Reply #69
73. I'm disappointed with the lack of work done on trade issues
Yes, GM will import more vehicles including from China. I find it hard to blame GM for that decision because they are doing exactly what our country (and the Obama administration) wants them to do. Becoming competitive with foreign automakers includes all the things people are angry about: cutting jobs, wages, and benefits and shipping production out of the US.

GM sells some of their small vehicles at a loss because they need to meet CAFE standards. We need to make it affordable for GM to build smaller vehicles here. If we gave GM the incentive to build ALL vehicles here, it would put many auto workers back to work. Increasing the import tax and universal health care would be important to achieving this goal.

While I'm disappointed with Obama's preferential treatment of Wall Street, I'm not going to write him off yet. Things would probably be even worse under McCain (GM and Chrysler probably wouldn't be around). Depending on how the Chrysler and GM bankruptcies work out, Michigan (as well as Ohio and Indiana) may be difficult for Obama to win in 2012.
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