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3848485858 7 hours ago

just destroy your industrial base and become fully dependent on china bro

Boss0565 7 hours ago | parent [-]

The average American's longest-kept car is 8 years old. Therefore every eight years or so, Americans are forced to spend a significant amount of money on a car. The median price of a new car in the United States is ~$41,000. If we generously claim that a Chinese car with the same capabilities could be purchased for minimum $30,000 instead, then the number of money being lost to being forced to purchase a more expensive car, every eight years, is 11,000*350 million, or ~3.8 trillion dollars. Dividing per year, we get roughly 480 billion dollars per year that could be spent by Americans.

I'm not an economist nor a mathematician, so I will not claim that this is a good expression of the economic impact of these restrictions. But I will say that the average American does not care about which country his or her car originates from. They care about navigating our crumbling infrastructure through the only means possible, the car. We have no reliable public transport in 99% of this country nor alternative modes of transport. We are forced to buy cars.

It seems unfair to me that the average American, who is making less and less per year after we adjust for inflation and purchasing power, should be forced to carry the burden of a technologically backwards industry that is still pumping out millions of gas-powered vehicles, which are not only bad for the environment, but are even more expensive to operate compared to the cost of electric cars per mile.

Our country does not think ahead, all of our decisions just temporarily patch our longstanding issues. America is screwed.

Incipient 6 hours ago | parent | next [-]

I don't think tbis quite holds - money being spent on domestically produced vehicles should be going to working families, so the money stays and is spent again in the country. Now if most of that money just goes to the mega rich, then it's fairly pointless.

But it's definitely more complex than just money saved = money spent elsewhere

Boss0565 3 hours ago | parent [-]

I agree with this. It certainly is more complex than just that. Only yesterday was I thinking about this topic, as I was walking around Osaka and looking at the cars over there. I would like to see an actual study on this question.

Haven880 7 hours ago | parent | prev [-]

America voted for it.

Boss0565 7 hours ago | parent [-]

Yes America is a pure democracy and we have complete freedom of choice