Loading ...The best US cars ever made were from the 1950s. Still in use in Cuba. They started cheapening them in the 1960s, but they were still good. After the dollar/gold depeg in 1971, instead of our Gold going overseas, the jobs went overseas instead.
When the dollar fell, ’71-’81, prices went straight up. Oil $2 to $42 etc. Unions were fighting to stay even. The more they made the more they PAID in income taxes. Police teachers and other blood sucking tax pigs got raises, and paid no taxes. They ABSORBED taxes and gave “kick backs.
Unions were only meant for dangerous jobs. Not pencil pusher teachers, office workers. Hollywood actors and police. All overhead that provide nothing we can eat or drive. If an imported car is twice as good, its supposed to cost twice as much, and kill sales.
Currency rigging, false exchange rates, and Japanese producers did not have to pay the workers their healthcare benefits. Gov’t subsidy. Not here. The whole game was rigged. US makers had to cut corners to keep prices lower.
The people that bought imports, and gave Japan a foothold, did EXACTLY what the central planners (bribed by multi national corporations) wanted them to do. Get on a pleasurable BAD addictive habit that would punish the whole USA later. Which culminated in 2008 after decades of artificial life support to over ride our hollowed out industries.
You if you were employed in manufacturing you would have and or should have known all this, you being a US citizen. Obviously, your occupation was NOT negatively affected by imports.