Of the Big Three auto makers, only Ford says, "Thanks, but no thanks" to billions of taxpayer dollar grants and loans. Ford has about $20 billion on hand and takes the high road by telling Uncle Sam it doesn't need the help.
That's big. Ford should reap the public's favor and respect. Americans should reward business skills and high principles with their patronage. See the USA in a Ford.
Meanwhile, the government in Sweden granted about $3 billion to its auto manufacturers, especially Volvo. This is an example of what Detroit is up against when it competes with foreign cars in the market place.
Our best solution to that unfairness is to restore tariffs on all products coming into the U.S. which compete with vital-precious-established industry. Tariffs have fallen out of favor because of a mistaken interpretation of history. They need to be revisited because they protect jobs and investors - and produce revenue.
It's all so simple.
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