Government Subsidized Cars Are Junk

atlascott's picture
Submitted by atlascott on Mon, 2010-04-12 15:22

Although it is probably too soon to say that the fact that the Federal government has subsidized failing American automakers has CAUSED them to become substandard, we have eloquent proof at least that Federal subsidies and cash infusions have done nothing to IMPROVE the reliability of cars with terrible reputations for quality.

From Forbes.com

"Four of the seven vehicles on our list of the worst-made cars on the road come from GM brands. And all of the cars on the list -- including Chrysler's Dodge Nitro and Jeep Wrangler -- are made by Detroit's Big Three. Only one car on the list is made by Ford Motor (NYSE: F)."

Having the government reward failing companies which produce sub-standard, junk products is the surest way to make sure no good car ever comes off the Big Threes' assembly lines.

GM lost 4.3 BILLION last year. It should. And it should be allowed to fail.


Terrific post, Scott. GM and

James Heaps-Nelson's picture

Terrific post, Scott. GM and Chrysler should have been allowed to fail. Cash for Clunkers was another disaster too.

Jim

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