US Corporate Screw-Ups

US manufacturers failed to prevent the over-taxation and over-regulation that would lead to the loss of US jobs to foreign countries.

GM, Ford and Chrysler management failed to provide fuel efficient cars in the 1970s when their cars got 10 mpg and gasoline prices doubled from 50 cents per gallon to $1,00 per gallon. Foreign cars from Japan, Britain and Germany got 30 mpg and they took over the US car market in the 1980s.

The 2000 Cadillac Sedan Deville got 20 mpg and Toyota in Japan introduced the Prius Hybrid that got 60 mpg. In 2005, I traded both Cadillacs in on 2 improved design Prius Hybrids.

In the 2000s auto companies over-invested in adding expensive, unnecessary electronic gadgets and doubled the price of cars, but some cars tripled their life-span.

In 2014, Fiat in Italy bought Chrysler putting the exclamation point on the failure of the US Auto Companies to design cars US consumers would buy.

US companies failed to protect and retain their intellectual property. Instead, they off-shored US manufacturing and decimated the US economy.

Norb Leahy, Dunwoody GA Tea Party Leader