More American auto workers are facing layoffs as General Motors says it is going to shut down its plant in Shreveport, Louisiana next week. Also Toyota has announced that it might be shutting down several of its plants in the United States, and it is reported that Ford and Chrysler may follow suit. So what is the problem? Are the employees making too much money? Are their retirement packages too generous and their medical benefits too extravagant?
No, that is not it at all. The fact is it beginning to look, more and more every day, like the United States cannot build an automobile without components imported from Japan. So there you go there is the proof for all of you out there still denying that our industrial base has been shipped out of this country.
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