• Hanrahan@slrpnk.net
    link
    fedilink
    English
    arrow-up
    10
    ·
    12 days ago

    Your argument would carry sone gravitas if the US wasn’t doing the same thing subsidizing the US automobile industry, except in that case the industry became bloated, complacent and uncompetitive and needed even farther protection with moah tariffs

    where as while the Chinese government subsidized for sure, they ended up building a cutting edge super competitive industry building vehicles the world wants.

    The Ford, Toyota and Honda CEO have said the main reason is build quality, value, automaton and robotics, they can design and build a car in months and have hardly a person on the assembly line.

    https://moneywise.com/auto/auto/toyota-honda-ford-ceos-warning-china-portfolio

    • Steve@communick.news
      link
      fedilink
      English
      arrow-up
      2
      ·
      12 days ago

      Read some of my replies. There a number of ways to do subsidies to promote different goals and outcomes.