Comment by irishcoffee

4 days ago

I suppose you realize the people running those manufacturing companies won't be hurt much at all, everyone who scrapes by trying to making a living work for them will hurt a lot when they get fired.

The vast majority of US auto jobs have already been lost to automation yet I don't hear you asking for those to come back in exchange for twice as expensive cars.

This is these companies own fault. These companies have grown cozy rent seeking with little competition and have completely missed the electrification of cars as a result. Cheaper cars will hurt those workers, but all of society will be better off when one of their largest expenses decreases.

  • Nothing gets cheaper. The bullwhip effect everyone kept evangelizing never happened. Between the housing crisis and the covid stimulus I’m not sure why anyone ever expected things to get cheaper, or expects it today.

The UAW endorsed the guy currently threatening to invade and annex Canada. Why would I care about them? They can all rot. No Chinese autoworker ever threatened me with invasion.