Economic Crisis - Elkhart Indiana, MotorHomes, RV's - VIDEO
Elkhart Indiana was showcased by President Obama visiting their city.
My heart goes out for the people in this city as their unemployment rate is running upwards of 18%.
RANT Part #3
The problem I've got is that their economy is largely based on Motorhomes and RV's manufacturing. Of course, with the credit crisis, their sales of motor homes and RV's are probably very low right now.
These types of products are hugely credit based.. and there probably isn't alot of credit available for RV's at the moment.
NO BAILOUT FOR MOTORHOMES OR RVs PLEASE
Where as it's bad that there is huge unemployment based on the manufacture of these luxury items... I don't think they should receive any stimulus package money. That would be ridiculous in my opinion.
Again, manufacturers are there to service the consumer... if the consumer isn't buying , then the manufacturer needs to do something else. Hopefully the manufacturer has put money aside and paid down their debt so that they can weather this economic storm.. but it doesn't look like they have.
It's painful for the workers to have to retrain, and relearn new skills, however that seems to be the only answer right now. Instead of looking for bailout money to keep jobs making motorhomes... why not use our god given talents and find out what the market does want and then start to manufacture that!!
It's all about supply and demand. Right now the demand for many luxury items have dropped. It's time to rethink the process and find out what consumers all over the world are willing to purchase.
It's easier said than done... however, this was the approach that our founding fathers used when they came to Canada and the U.S., pioneered everything, and made our country great.
