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False. The US Auto market is subsidized and regulated in opaque and convoluted ways that distort prices and demand significantly.
by Afforess 1y ago
False. The US Auto market is subsidized and regulated in opaque and convoluted ways that distort prices and demand significantly.
- bdangubic 1y agoso is everything else in America, not just cars. americans though love to think that only China et al does this shit - it is too funny sometimes
- murukesh_s 1y agoBut Americans can hope for a regime (policy) change every few years though. You could argue both the political ideologies are broadly doing the same shit, but you can hope or lobby for change. On the other hand, imagine your unfavourite politician/ideology remaining in power for the eternity!
- bdangubic 1y agomost america subsidizing is not “party-based” - obama bailed out detroit 1000x over what DJT is doing now. oil/gas… same shit. farming, same shit. it is not like every four/eight years we get to decide what is being subsidized - america is just as socialist as china when it comes to this shit :)
- murukesh_s 1y agoUnfortunately yes, but there is a chance for a maverick like DJT to come and make sweeping changes (in a positive way).
- bdangubic 1y agoquite the opposite is and will be happening. same in his first term and same in 2nd/3rd/4th… america “first” all that (this term is including nationalizing businesses like intel which you know, works in beacons of capitalism like venezuela…)
- ajmurmann 1y agoThe key here is that US regulation distort the market in favor of heavier cars which encourages cars that will be discouraged in other markets.
- mensetmanusman 1y ago? The difference is about one order, that makes it a difference of kind when mercantilism is the current successful strategy. Good thing Covid revealed how weak countries have gotten relying to heavily in critical industries.