Considering we're deficit spending with every budget cycle, I'd say no we don't have the money. Furthermore, what about all the other brands sold in the US besides the three American ones of GM, Ford, and Tesla?
I didn't say it was. Deficit spending to build a highway that winds up generating a bunch of extra revenue is one thing. Deficit spending to make a singular product cheaper than another country who is doing the same is a losing game.
How do they compete if the US subsidizes US companies and China subsidizes Chinese companies? Have you even thought through your proposal here? It certainly doesn't sound like it. Waving your hand around and thinking money appears out of nowhere seems to be the limit of your analysis.
How do they compete if the US subsidizes US companies and China subsidizes Chinese companies?
Why would i care?
Waving your hand around and thinking money appears out of nowhere seems to be the limit of your analysis.
Are you imagining money just disappearing once its spent on subsidies? US has been spending hundreds of billions of dollars every year for decades on defense yet somehow we havent run out of money to spend. Learn how countries finance things.
Yes, why bother gaining some understanding of the topic you're speaking about when you can instead remain ignorant and keep flapping your lips with poorly thought-out ideas?
Are you imagining money just disappearing once its spent on subsidies? US has been spending hundreds of billions of dollars every year for decades on defense yet somehow we havent run out of money to spend. Learn how countries finance things.
Are you imagining money just disappearing once its spent on subsidies?
When you spend your paycheck on bills does that money still remain in your account? The money doesn't disappear but the person or government who originally had it, no longer has it. Are you proposing the government just start printing money to give hundreds of billions in subsidies to the auto industry? That surely won't have any negative effects, right?
Great, that means you have unlimited funds to spend on new things, right? In fact, why are you even complaining about the cost of a new car? You can easily afford to buy a whole fleet since you'll just get paid again in a month.
Its a worse alternative for the environment, we should both be investing in electric vehicles. Bullshit mindset when we could be having more affordable green technology and all people are thinking of is the economy. Fuck American auto sales, we dont need more gas guzzling SUVs in the world.
Honestly I'd that the lives saved from transitioning to EVs quicker is worth the trade. Eventually the car manufacturers will have to compete even if it means they stop making huge cars no one needs and start making smaller ones that travel further. I'm not going to pretend us manufacturers don't abuse the fuck out of Mexico, India, and China when it comes to sourcing parts and labor, but the environment is a global win we desperately need.