Yesterday , I did a easy rough calculation about Common Motors to attempt to get at how a lot manufacturing job loss one might attribute to foreign competitors versus automation and productivity will increase. Varied commenters objected that my assumptions were too simplistic, significantly in neglecting the domestic content material in overseas autos and the importance of shifts within the provide chain over time.

Sam Romans was very personable and a terrific salesman! We will definately advocate Neighborhood Autos and also Sam!! Keep up the good work! But it appears an fascinating observation in its personal right – the triple mixture of the early 2000s recession, the oil shock of the mid 2000s, and then the nice recession, have mixed to decrease the share of auto consumption within the US financial system by a couple of third during the last decade.

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