Page 45 - Cost Base News Today

Wrongly, the bailout has worked. >> a year ago i wouldnt imagine we would be doing this, you know? >> there are a few things at play. a couple of things at play. one, they kind of have. they hit bottom. number two, we did have cash for clunkers which got inventory moving and got them back in the business of selling cars. number three, we are all feeling a little bit better, so people are buying those cars, people who think they might still have a job. i think the system worked, i think the econo...

Wayne knows this better than i do because he does it for a living. if im up against a competitor and i make widgets. widgets competitor overseas is not faced with the regulation or cost ive got, guess what happens to my widget business? i go out of business. not because im a bad guy or a bad company. its because my competitor is on a better playing field than i am. i have to meet his playing field or ill go under, unless every american decides theyll only buy american for the rest of their lives...