Quote:
Originally Posted by piece-itpete
WAAAAY to hard for the big 3 to understand, they were arrogant.
Folks, we start a trade war and this recession will look like a quaint little problem.
Why can the Japs make money building cars here, but we can't? What is different?
Pete
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So we should sit back and be raped?
Because the states where they located gave them big tax breaks and even paid them to locate where they are. They are non-union and pay scab wages. Their home governments subsidise them, part of Japanese trade policy, subsidise their manufacturers until they have eliminated the competition, then watch out.