The great achievements of civilization have not come from government bureaus.
Going to church doesn't make you a Christian any more than going to a garage makes you an automobile.
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your companies open. Because of your productivity, the combined auto companies have committed to invest another $23 billion in expansion in America.
It is a tough city to live in (Detroit) but a great city to be around. There is so much promise. There just needs to be a movement to help push the city beyond the automobile industry. The music business needs to learn how to support itself.
Of agitating good roads there is no end, and perhaps this is as it should be, but I think you'll agree that it is high time to agitate less and build more. [Here is] a plan whereby the automobile industry of America can build a magnificent "Appian Way" from New York to San Francisco, having it completed by May 1, 1915 and present it to the people of the United States.
But, as environment minister, I am very interested in a thriving German automobile industry, because I can only pay for the rising costs of environmental protection at home and abroad if there are people in Germany with jobs and who pay taxes.
I think either party would have seen the wisdom in bailing out the American automobile industry, because one job in ten in the United States is either directly or indirectly connected to the automobile industry. You just could not let these companies go down.
If you look for instance at the automobile industry, part of the reason that you have the expansion of that sector, is precisely because we have gone out to talk to the automobile companies to explain government policy with regard to that sector, to talk to them about the MIDP and things like that. And indeed, it has been a very important part of attracting those investors to put in money in the South African economy and build motorcars in South Africa.
If any vestige of the American automobile industry is to survive, it must involve state-of-the-art vehicles that are not equal to but surpass the best imports in every way.
There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford; there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years.
Now, wages in the automobile industry are made up of two components, what we call base rates and the cost of living factor which is fed in by the operation of the escalator.
Democrats are going to proudly run on the fact that we turned the economy around. It was our policies under President Obama's leadership through the Recovery Act, through investing in the automobile industry.
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