China February Auto Sales Rise 25% After Tax Cuts (Update1) - Bloomberg.com

China February Auto Sales Rise 25% After Tax Cuts (Update1) - Bloomberg.com

This article is very troubling. 1. China reduces taxes, automobile sales increase (clue---Obama do you have anyone in your administration smart enough to figure this one out.) 2. GM is closing American plants and expanding its plants in China. (clue---Obama do you understand that you need to get American workers building and buying cars? You might try cutting taxes, the size of a bloated Federal Government and get the corrupt unions to make it feasible for U.S. businesses to make a profit in the United States. Cut stupid regulation and turn the auto companies loose. Forget all the green crap that only makes the eco freaks in San Francisco happy.) Jim