alt Hacker News> Well then we agree, that their industrial policy is working a little better than ours.
Yes! Their car industry is competing; ours is hoping to avoid it.
You now understand my point and objection to preserving domestic capacity via selling worse cars more expensively to its own citizens.
No I don't understand your objection. My argument is that preserving domestic capacity is necessary for our survival, and that limiting imports is necessary but insufficient to achieve that goal.
Banning stock buybacks would be another helpful step. Can you imagine being at the helm of a major US automaker as the transition to electric is happening and thinking you have no better investment to make in your own company than literally taking the revenue you're earning and sending it to hedge funds and Wall Street?