Comment Re:American auto companies suck (Score 1) 163
Buying a foreign vehicle assembled in the US is far less beneficial than buying one engineered, tooled, supplied, and assembled in the US by a domestic company.
Let's say you buy a Honda. Where is most of the high-value engineering and design work done? Japan. Who owns the primary, high-value parts companies that supply them, like Nippondenso or Aisin? The Japanese. Who reaps the majority of the profits for both OEM and suppliers? The Japanese. Do these companies allow their employees to join the UAW? No. Where do they often buy their steel, tools, and other critical components? From Japan. So hurrah, the unskilled labor is non-unionized in the cheapest states and the profits and best jobs are kept by the Japanese, at a level far greater than your shallow "statistic" shows.
The Japanese did not get here because they were innately better - they were not, especially in the 60's and later, in the 90s - but because their government colluded for 65 years through MITI to create a domestic market that allowed Toyota, Honda, and a few others to rely on all fixed costs being met at home so they could use export pricing. When you have 65 years of such a safety net, you get results. This technique has been repeated by Korea. Now China, with most of their OEMs partially or fully owned BY THEIR GOVERNMENT, want in on the same action. US government involvement in the US industry pales by comparison to all these countries.
When you retire, who's going to pay for your socialized retirement and health care? Not those formally highly-trained and well-paid tool makers, machinists, designers, and engineers that used to create your Taurus or Edge; their jobs have been shipped to Japan and Korea. Now they work at Olive Garden or Walmart or are on disability (the new welfare). I guess they should have all trained to be lawyers, insurance agents, and real estate brokers instead of spending decades learning to build things that actually create wealth instead of seeking rent.
For the good of the country, fostering a strong domestic automotive industry is an extremely wise policy to pursue. If you don't believe me, just ask the Japanese, Koreans, Germans, and Chinese.