Why can't we manufacture cars that almost everyone could afford to buy new and many could buy without having to finance them? India does. Check out the Tata Nano and the Bajaj Auto. Both of these are under $3,000 in cost. Why?
Why not? Maybe we have too many government controls, too much union power and too much greed. Possible answers? I think so.
I'm sure some of you will disagree. Some of the standards these automobiles are built to may not comply with the standards enforced in the US. The low price would mean that Detroit would either have to make some drastic changes or go out of business - or get more government funding. These are things to be considered.
Still... if it's possible somewhere else, why isn't it possible here? It wouldn't even have to be done all at the same time, but if the automobile manufacturers would start to move in that direction instead of adding more and more bells and whistles and charging more and more... maybe they'd sell more.
And maybe more people would have more jobs making more cars and selling more cars and cleaning showrooms and transporting new cars and... just maybe.