Automobiles Quotes
After the Second World War Japanese industry had mostly not yet been rebuilt from the destruction of the allied bombing. The automobile industry, which before the war had aspirations of worldwide competition had been reduced to one company making less than 1000 cars a year and not many more trucks. However, when the Korean War broke out, there was a need for many military vehicles to support the allied war effort. Japan being so close and having very low labor rates had the opportunity to supply many of the needed vehicles. This allowed Nissan, Toyota and Datsun to get on their industrial feet, and from there to become world leaders. Hence, for Japan, the war was a gift from the Gods.
This was an amazingly prescient view of the future.
In the Meltdown of 2008, the American Auto Companies were in dire straights and faced bankruptcy with no certainty that the industry could stay alive., They were running out of money and President Obama decided to make loans, take stock and control and force modernizing on the industry. As a result, and with some Toyota mismanagement, the companies returned to profitability and paid back their government loans early and as a result the bailout had not cost the taxpayers any money. Creditors however were outraged that the lost their preferred advantage had their been a bankruptcy.
He became furious when the Pole had visited his country and there were so many people who anted to see the Pope that Manila traffic was totally jammed and gridlocked. This quote was the President’s reaction to the snarled traffic.
The 30,000 was far fewer than previous decades where automobile deaths had been constantly decreasing from a high of 50,000 a year.
Mother Shipton made a series of unusually accurate predictions, published throughout England, including the Great Plague of London, the Spanish Armada, & the Great Fire of London. Be wary of this particular quotation as while it may be a remarkable prediction, it also may well be a forgery.
Many free-traders disagree. While there is unemployment in the auto industry from imported cars, there is increased employment in the importing process, the marketing, selling, and maintenance of the imported cars as well as their financing. Further, when trade is open, we can then export products and services to Japan and this creates jobs. No one has ever been able to exactly measure the jobs created so it is an unsettled intellectual economic and political question. However, the people who lose jobs to imports are generally identifiable while the beneficiaries of many of the new jobs created by open trade are never specifically identified, so public opinion is more sympathetic to the former.
His father, Henry Ford, did not agree that the Airplane would be so important, but the son’s vision made Ford the largest airplane manufacturer in America.
Explaining the origin of the Interstate Highway System:
