Fiat and Chrysler: there are two companies with “sterling” reputations for product quality.
You know FIAT stands for "Fix It Again Tony".
Here's the way it's gonna go:
The collapse of a couple of overweight, out-of-shape and dated union machines is the least of our worries.
Continued and increased government involvement in every facet of our lives will erode what is left of the American "entrepreneurial spirit", and we will find our nation becoming even more of a consumer entity as more production moves overseas.
As the deficit is quadrupled over the next few (couple?) years, eventually social programs will collapse and our realization of our misplaced faith in the big business of government (which exists largely to self-perpetuate) will come too late.
I hear all the time from my "liberal" friends: "We deserve that money and those programs. After all, as workers we paid into them."
Guess what, that fact that you pay taxes for a service doesn't mean you are going to get that service back. Look at the record of government promises.
Those of us who use government “services” like Unemployment Compensation, State Retirement Plans, Medicare and Social Security will lose those teats and probably in that order. As government takes over more and more of the economy, you will see the standard of living rapidly fall. The dream of global equality will be achieved.
Either unfortunately or fortunately, depending on your world-view, luck has nothing to do with it.