Join Date: May 2010
Member Number: 16327
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Re: US vs Japanese Cars and Workers
I gotta say is, in my family, we have owned four american cars... three chevy's and a ford.
The first Chevy (early 80's) died at 5 miles, blown engine. Died again six months later, bad electirical system, and died two or three more times.
Second chevy (mid 80's) threw a rod, blowing out the engine at only 90,000 miles
Third car, Ford, early 90's blew a head gasket at 85,000 miles.
Fourth car, Chevy, Late 90's, early 2000's, blew the transmission at 60,000.
We have also had four Japanese cars... all Nissan.
First car, bought in 85, Transmission starting slipping at 150,000+ miles, in 1997.
Second car, Had for seven years, multiple miles, no problems.
Third car, over 100,000 miles, no problems.
Fourth car, 130,000 miles, 1988 model, started have problems in 2000 with the first generation computer...
When you can buy a better car at a better price, you do it. I will not buy American cars.
The problem is the management, the workers, everything from top to bottom.
Oh yeah... and for the fallacious argument about the money going back to the far east... In this world's economy, that just doesn't happen. Money does not respect international borders anymore. follow me...
Let's say the profits get sent back to Japan. What happens to them? They get put into where? A bank? Okay. That bank now has an extra billion dollars, which it lends out at cut rate interest (since they are paying low interest on it) to other companies in Japan... Like AMERICAN companies competing over there.
However, That bank will more then likely turn around an invest that money back into the stock markets, so they can make money. Do you think they invest ONLY in japanese stocks or Asian stocks? No way. They MUST diversify all over the world so they don't get caught in a market crash, or a regional conflict like war or a terrorist attack that will depress regional markets. Thus, that money goes all over the world, including back to AMERICAN companies and banks.
The money that is then invested gives those people more buying power to increase thier businesses, which increases thier workers' buying power. And what do they buy? Products, many of which ARE MADE IN AMERICA...
Furthermore, Nissan, Toyota, etc., are almost all if not all PUBLICLY traded. WHich means, there are 10's of 1000's if not millions of people who make money EVERY YEAR BECAUSE Nissan, Toyota, etc. bring money back into thier company.
The old union paradigm of keep the jobs and money in the USA is simply passe. It is the equivelent of listening to music on an eight track tape. The world, the economies, the technology has passed that thought pattern by years ago. It is now irrelevant to the world we live in. What we are finding now, is that the companies and unions that can adapt to the new world will survive, the ones that bury thier head in the sand will not.
For a great examply, go look at the history of Big Blue (IBM).
Wow... did the computer age ever make a mockery out of them...