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I'd offer a $5000 tax credit for every $15,000 spent on a US made car. The tax credit can be taken all at once and applied to the 1040, taken as part of the loan, or taken in part over 3 years. Then, I''d tell the auto industry that ALL parts and labor MUST be made and done in the USA to which the government will give credit to the industry and absorb some of the pension plans. T
For housing, I'd offer a $20,000 tax credit for every $50,000 spent on housing. The same here, taken at once, applied to the loan or taken over a period of 10 years.
Then, I'd tell the banks and auto industry that's the best and ONLY thing we'll do.
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
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