Quote:
Originally Posted by trikkonceptz
A local Ford dealeship closes as a result, which use to sell 400 cars a month and was managed properly, now the 300 people there are unemployed, a casualty of poor upper management.
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You really need to look at a larger context. So the Ford dealership closes. People still need cars, and they'll have to go to Toyota, Honda, etc dealerships to buy them, Those dealers will have to add staff. The people who own Fords will still need service & repairs, so the independent mechanics will need more staff. Honda & Toyota will have increased sales, so they will ramp up production at their US factories (hiring more workers), the suppliers will be making parts for them instead of Ford...
In a few years, the only difference will be significantly increased quality & fuel economy.