How Da Auto Industry Effects Our Economy?

Here's a simple answer:

"The automobile industry is an expensive industry to be in and to stay in business they have to sell cars. If the economy is bad and people are not buying new cars because they cannot afford new cars and gas prices are also forcing people to choose alternative ways of travel, car pooling, public transport, etc., the automobile industry suffers. If this last too long, to meet costs and avoid going under the automobile industry will have to cut back, close plants, etc., which in turn also has a detrimental effect on the economy".

Do you think that's the answer?

If you say yes, your way wrong!

Did you know the the American auto industry effects 69% of our GDP ( Gross Domestic Product)? It does. Did you know that when Toyota was announced as the the leader in auto sales in the world that in the next following weeks a recession occured world wide? It did. Do you know that when the U.S.'s GDP rises that stock markets all around the world rise with it? It does. Did you know when Japan's GDP rised to it's highest level in the late 1980's that there was a housing collapse world wide? It did.

It touches everyone of you in some way or another. World wide.
The average job in the automotive manufacturing sector was compensated at a level 60 percent higher than the average U.S. job. As a matter of fact these jobs pay for about 50% of the U.S. and Canadian economy. If you outsource your own way of life, don't expect that it wont be turned upside down.

This economic downturn has everything to do with Americans And Canadians not buying our own product.

We as a nation should fire bomb the Honda and Toyota plants not lend them money to build plants and lower our national average income.

If you want to restart our economy look out to your garage. If it's a foreign made vehicle take it out to the woods and set fire to it. Phone it in stolen. Or better still trade it in. Buy an American or Canadian made car. It my cost ya a few bucks, but in the long run it's the best money you've ever invested in. It's time to take care of our own! Make sure it's an real American made car. Some cars carry Ford, Chrysler and GM name brands, but are made in Mexico, Korera...etc...

What is going down in both of our contries is the largest union bust in histroy and we're just sit'n back and watching it. Doing noth'n but watching...Lemings.

It's time to stand up fight and give our jobs back to our freinds and family. To make our purchases count.

Sa Later

Wally