Famous quote by Jennifer M. Granholm

"Every single country that has an auto industry is stepping forward to help that auto industry. Why wouldn't we help this industry too, because it needs 3.5 million jobs"

About this Quote

In this quote, Jennifer M. Granholm, assessing her experience and knowledge as a supporter for economic development and energy policy, underscores the value of governmental support for the auto market. This declaration most likely emerged in the context of conversations about economic policy and the health of the commercial sector, possibly throughout a duration of economic recession or transformation within the automobile market, such as the 2008 financial crisis or the continuous shift towards electric lorries.

Granholm starts by keeping in mind a worldwide pattern: every nation with an automobile industry is actively supporting it. This observation suggests that countries acknowledge the auto industry's crucial function in their economies, not just as a significant source of employment however likewise as a vital driver of innovation, trade balances, and technological advancement. By stating this, she indicates that global rivals are not just passively enabling the automobile market to flourish independently, but are actively backing it with policies, rewards, and potentially financial backing to guarantee its competitiveness and sustainability.

The expression "Why wouldn't we assist" works as a rhetorical concern highlighting the seriousness and necessity of similar assistance within her own nation. Granholm is likely advocating for interventionist measures-- such as subsidies, tax breaks, or tactical investments-- to bolster the market, arguing that such actions are not merely helpful however vital for economic stability and development.

Finally, Granholm highlights the stakes: "3.5 million jobs". This figure is meant to stimulate a sense of scale and seriousness, stressing that the auto market is a cornerstone of employment for millions. It serves to advise policymakers and the general public that failing to support the market might have alarming consequences, including widespread task losses, declining financial conditions in neighborhoods reliant on these jobs, and a prospective reduction in the nation's industrial capability.

Overall, Granholm's quote is a call to action, urging that tactical assistance for the automobile market is not practically protecting tasks, but also about keeping economic vitality and competitiveness on an international scale.

About the Author

USA Flag This quote is from Jennifer M. Granholm somewhere between February 5, 1959 and today. He/she was a famous Politician from USA. The author also have 4 other quotes.
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