Bob Campbell wrote:Fyi, Ford has been unionized for over 75 years.
You're right. I was thinking of something else... Replace Ford with Honda, Hyundai, whatever.
At least with the UAW, car people will have a voice.
No problem with that, as long as the workers overwhelmingly vote them in, and not have them forced upon them.
I don't think Toyota plants are exactly OSHA-violating misery pits full of indentured servants. If they're happy with the company, then there is nothing "evil" for the UAW to "save" them from...
Uh...complain all you want, but low emission, high mileage cars are the future. Get on board or get left behind. The era of the gas guzzling, poorly built car is over.
I'm not complaining about that one bit. In fact, I fully support the new 2016 CAFE standards. Hybrid technology is already here, and will get better over the next seven years. Along with electric and who knows what else by then.
Anything that gives us leverage over OPEC, including drilling, I'm all for.
Imagine an SUV that averages 50 mpg with $1.25 per gallon gasoline. Best of both worlds. And energy independence.
Still having problems getting my mind around a hybrid Camero or Challenger, but there's probably no other option, lest the "carbon tax" exceeds the price of the car...
Obama's economic buffoonery seems to be pulling us out of the worst of the recession, stock market is now up or even for the year, Tarp money is being repaid with interest.
I think the "first 100 days" was a decent buffer between whose economy it "really" is. It became Obama's on day 101, IMO.
With that said, it's still to early to tell how all of this spending will affect the economy long term. We'll know much more by the holiday season... But at the very least, I don't see how we avoid a period of rapid inflation next year, with all of this Fed cash flooding the economy.
Also, oil prices are rapidly climbing again, when the timing couldn't be worse. $4 per gallon gas is the last thing we need right now.
Did you really think he was going to get it all fixed in a couple months? The sheer inertia of the largest economy on the planet means it takes months to make even incremental change. There are no magic wands here. It took 8 years to screw it up, it'll take a few to fix.
Strange, but I remember the DOW briefly hitting 14,000 during the horrible Bush year of 2007.
We may never see it that high again in our lifetimes, literally.
But, yeah. We're years away from a full recovery. There's still too much economic cause and effect yet to work through the system.
The good news is it seems we just barely dodged a full-blown depression, but we still have a protracted recession to get through.
Which means nobody will be buying cars anytime soon.