I very much doubt it.Govt producing a good thing?
Govt would make the cars
Then comes more rich folksNo. The market would rebuild itself based on demand. Cars aren’t made because rich people want to make them, cars are made because consumers demand them.
Then comes more rich folks
No. The market would rebuild itself based on demand. Cars aren’t made because rich people want to make them, cars are made because consumers demand them.
In order for an economy to thrive, you must have rich people. They are the foundation of the economy and provide for others to participate and grow everyone's wealth. Without rich folks, you take away any chance for an economy to grow and the incentive for people who are not rich to try and become rich.
Funny, they didn't think that back when GM went under. Govt just had to get in there.