Well it looks like the Big Three might become the Big Two or the Big One or the Big None.
But… I have a plan to save the American Auto Industry!
As I understand it, right now the US Governments plan is to give a whole bunch of money to the car companies, but what are they going to do with it? Pay the big salaries of the executives??
My approach:
Give the money that was proposed to go to the Auto Companies and give it to the American Public.
Here is my idea:
The US Government would pay half the cost of a new vehicle made by one of the Big Three, if you, the American Public would buy a new American car.
This would be a one-time deal, and only for a vehicle made by GM, Ford or Chrysler.
It would move inventories from dealer lots, would keep car dealers in business, at least for a while, and keep the auto industry suppliers in business. Also: if the new cars needed parts, that would be future sales for the parts stores.
Just my idea, but unless the rate was something wild like 50%, I’m not sure I’d jump at buying a new car, but 50% off the cost? That gets my attention right now.