"Andy" > wrote in message ...
> "Uhhh.... the best auto industry in the world." --Barak Obama, 4/30/2009
>
> Since when???
>
>
Not since some forty years ago. Prior to 1965 one could buy a new American
made auto and expect it to last ten, fifteen, twenty, even twenty five
years. Now one rarely sees an American auto on the road that's more than
five years old, they're built with the same obsolesence as incandescent
light bulbs, they're throw aways. An American auto used to be considered an
investment... and in fact one could write off the interest on an auto loan
same as a mortgage... which of course would be one way to help save the US
auto industry, bring back the interest deduction on auto loans for new US
autos only. However lot more needs doing, US industry is certain to
collapse within the next few years unless a huge push is brought to bear for
vocational training... the US has a tremendous shortage of skilled
machinists and tool makers, most tooling and precision parts are imported,
have been for a long time. An economy can't exist with everyone driving a
cubicle.