Friday, September 29

American Made

Pete Buttigieg, Secretary of Transportation, was on FOX News this morning and was asked a series of questions by Bill Hemmer...  every one of his responses always went back to House Republicans who, he claimed, were holding up Congress from funding the government...


Politically, he did an excellent job representing the Democrats but logically he demonstrated a lack of compassion and a lack of understanding that ANY government shutdown is always a result of both parties...  not just one.  In so doing, he demonstrated to this viewer, that Democrats have become so progressive that they are no longer willing to compromise.


However, what struck me as more important was his comment about Electric Vehicles WILL EVENTUALLY REPLACE gasoline vehicles and do you want those vehicles manufactured in China or the USA?


That's the question that got me to thinking...

If EVs are made in America (USA) then they will cost more than if they are made in China, where the cost of labor is LOW.


AMERICAN MADE is a term that all of us want t support, but American Made can only be purchased by the wealthy...  our middle classes or lower classes will never be able to afford American Made unless many of them go into debt in order to take possession.


In addition to debt ownership, if the battery ever needs to be replaced, they will be forced to invest (borrow) another $8-$10,000.   True, the cost of these replacement batteries will eventually come down, but in the meantime, to these average Americans, that will not matter.


ON THE OTHER SIDE OF THE COIN, if China builds these electric vehicles, then they will become wealthy and their economy will grow faster than the economy of the USA.  With a more powerful China, the USA will have to face a more powerful adversary for decades to come.


Does anyone know what the true right decision really is? 

No comments:

Post a Comment