One would think the U. S. would have learned from the late-70s and 80s when their auto industry got pummeled by the Japanese. Instead, we not only cede the international markets to China, we think we will be just fine selling fossil fuel-powered trucks to the domestic market.
I’m not smart enough to know how this ends, but I suspect the money we should have been using to subsidize and kick-start American automakers will instead be held back until we need to once again bail them out from their short-sightedness.
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