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….
2 Replies to “This is what we get for our money?”
excuse my language but our country is fucking the american people when do we put a stop to this?????
Well, it worked for Ford. Everyone likes to point out that Ford didn’t take the handouts, but they ignore the fact that much of their product is built in messico. GM is only following a plan that works…If you punish success and reward failure, you will see even more American industry outsourced to shithole nations (tried calling your computer support company lately?).