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False. The US Auto market is subsidized and regulated in opaque and convoluted ways that distort prices and demand significantly.


so is everything else in America, not just cars. americans though love to think that only China et al does this shit - it is too funny sometimes


The key here is that US regulation distort the market in favor of heavier cars which encourages cars that will be discouraged in other markets.


But Americans can hope for a regime (policy) change every few years though. You could argue both the political ideologies are broadly doing the same shit, but you can hope or lobby for change. On the other hand, imagine your unfavourite politician/ideology remaining in power for the eternity!


most america subsidizing is not “party-based” - obama bailed out detroit 1000x over what DJT is doing now. oil/gas… same shit. farming, same shit.

it is not like every four/eight years we get to decide what is being subsidized - america is just as socialist as china when it comes to this shit :)


Unfortunately yes, but there is a chance for a maverick like DJT to come and make sweeping changes (in a positive way).


quite the opposite is and will be happening. same in his first term and same in 2nd/3rd/4th… america “first” all that (this term is including nationalizing businesses like intel which you know, works in beacons of capitalism like venezuela…)


?

The difference is about one order, that makes it a difference of kind when mercantilism is the current successful strategy.

Good thing Covid revealed how weak countries have gotten relying to heavily in critical industries.




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