It's hard to make out who's saying what in the above but was that you who insinuated that you don't think Americans can "compete" with others?? It's not that we cannot compete, it's the fact our govt has made it harder for US companies to start a new company and operate in America vs other countries... It's no great mystery why companies construct factories overseas, just listen to the CEO's....For a microcosm of this process of passing suffocating regulations, taxes first then analyze the impact/fallout later ; look at California... I closed shop in Van Nuys because it just didn't make financial sense to stay there, regulations continue to drive out business out.. The Fed govt has followed suit, enacting 40,000 new regulations every year & counting ..The Fed govt has made doing business in America much, much tougher and that has hurt our economy in a massive way.... I mean it's easier to start a business in Rwanda then the US..
With the amount of companies/jobs lost overseas & the drop in the US's ranking in business friendly atmosphere, do you still feel (as you said just above) that the Fed has done a good job doing this:
racerx: "Federal Govt. from inception till now has been to protect american business interest"
Look at the deals our Fed govt has made... Look at the people the Fed Govt sent /used to make those deals... Politicians whom have never run anything/companies in their lives making trade/business deals.....
The Fed govt's role is to create a business friendly environment (regs/laws/taxes/) that enable private industry to innovate, create, BUILD, succeed. But that's not the same as saying the Govt "BUILT" America....
Would you give the Federal Government an excellent grade in your own description/quote above? If you do, you're probably in the .001% that feels that way.
Our free market is the best method imo of picking winners & losers. The Fed Govt has a role establishing & enforcing laws that protect people, their intellectual property & their investments but other than that there's no good reason why the Fed govt should be picking winners & losers when it comes to sports cars, ESPECIALLY not start ups...
But this is a Tesla thread so I'm gonna shut-up.