America Needs To Invest In New Industry!
There are many nations in the world with a growing middle class including, China, India, Russia, Viet Nam, other parts of Southeast Asia and Latin America. This new middle class will want to be transported from point “A” to point “B” in an easy, independent, no hassle manner. They will want a car.
This "car" will not be propelled by oil. It may fly instead of roll along on a road. Whatever shape it takes, it will be in demand.
This is why we need to save our auto industry. If we lose it, we lose our advantage over the rest of the world that wants a piece of the business. Does the industry need to change and adjust? Of course! Does it need to make structural changes that position it better to compete? Of course!
What we cannot do is destroy what we have in place and start from scratch. We should be building on our experience of making cars and not destroying it.
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