I don't think it has anything to do with jealously. It's not like people stopped buying cars because of the recession. If you need a car, you need a car. People would rather buy reliable cars that last long and don't need to be serviced all the time. Basically getting the most for their money. American car makers have dropped the ball with that, and with the hybrid technology. Hondas, Toyotas, Nissans, etc last much longer than the average American car, and get better mpg. Many of their regular models get up to 300K, while most American cars don't pass 150. I have a 93 Camry now that just hit 200. American cars used to be more reliable but not anymore. The blame lies solely on the company and I just don't think it's fair for the taxpayers to pay for their failure. Capitalism is built on corporations failing and if we bail them out, we are turning our backs on the free market.
The only problem about this is that we already bailed out Wallstreet, which I was completely against. Now, how do we tell them no? These are companies that actually matter, unlike wall street and it's fake financial system.
I still say let em burn though. There's no reason at all we should have to bail out companies. For the free market to truley thrive, it needs to remain free of government intervention. We should embrace this recession because down the road it will get much better. If we spend billions and dig ourselves deeper in the hole it will take that MUCH longer for us to get out of it.
__________________
Barcs
|