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In reply to the discussion: Dear Millennials: I'm sorry we didn't stop them [View all]erronis
(19,138 posts)29. Yup - I think this is a major part of the downturn for American workers.
I also remember in the 50s that the "American" automobile was considered the top of the line. Big, finny, flashy. European and Japanese cars that were starting to be seen on the streets were considered flimsy, rust-buckes, low power, etc. (Not talking so much about the few Mercedes/Jaguars but they had their many issues too.)
Then the Japanese, Koreans, Europeans improved their models and the fortunes switched. The American beasts started to become the undesirables.
Another factor is how much of the world provides good and free/inexpensive healthcare for everyone and the US is burdened with the costs of the insurance scalpers - the high administrative costs and paying for lobbyists to keep them in business.
Good opinion (yours), IMHO.
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