Tag: creating Jobs

This is what we get for our money?

This is what we get for our money?

Remember the bailout of GM? Remember the jobs it saved, the green jobs it would create? I guess it will be creating them after all:

GM to invest extra $540 million in Mexico to build motors

MEXICO CITY (AFP) – US giant General Motors will invest $540 million to produce two low-emission motors in central Mexico, the company announced here Thursday, accompanied by President Felipe Calderon.

The latest project for GM in Mexico would create 500 direct and another 500 indirect jobs in its plant in Toluca, Calderon said.

GM has four plants in Mexico, and has invested some $5 billion here since 2006, Calderon said.

I guess since it’s only 1000 jobs it really isn’t worth mentioning huh? Unless you are one of those thousand that could be working here in the states…I wonder why they are building in Mexico? Could it be cheap labor, low taxes, little government regulation, no government mandated health care? But I’m sure glad we bailed them out…

If there is a congress critter with any nuts left how about answering the question: How is our economic recovery going to happen if the companies we save take jobs out of the nation? Inquiring minds really want to know….