Fail Safe

I know I am writing about GM an awful lot, but bear with me. There is too much news to ignore this.

If all else does not work, then the U.S. policy makers will have to resort to automotive tariffs. It is one thing to have a healthy global marketplace. It is another to have your own corporations flounder while the foreign competition thrives in your markets.

These automotive tariffs would be put on all automobiles whose manufacturer is based in a foreign land (e.g. Honda is derived from Japan). The amount of tariff put on any one automobile would be in direct relation to the quantity of that auto that is sold in the U.S. Of course GM and Ford would not be subject to these tariffs, as they are the American auto industries that need bolstering.

It would behoove the U.S. not to do this, for a calamity may be on the horizon!