GM Slashing Nearly 15,000 Jobs; Close Up to 5 Factories


#21

Patiently waiting for a Trump supporter to explain why this is actually a good thing.


#22

I think we are seeing mostly “car” plants closing.

In North American, GM and Ford are “truck” companies.


#23

Ummm…

https://www.brown.senate.gov/newsroom/press/release/brown-blocks-effort-to-gut-presidents-steel-tariffs


#24

In other news…Mercedes is building light TRUCKS in South Carolina.

Thanks Merc.


#25

Wait until gas prices go up again. People will be looking for smaller cars again.


#26

Wow. And he is seriously considering running against the President.

Oooof


#27

So, he wants to run for president? He ain’t getting my vote.


#28

Thank you Mr. President!

I think we’re tired of all the winning now…


#29

Maybe they should ask again today:

https://www.washingtonpost.com/business/economy/ohio-workers-love-trumps-tariffs-and-thats-making-trouble-for-the-gop/2018/04/04/f46aa9f4-375e-11e8-9c0a-85d477d9a226_story.html?utm_term=.17f86fe70be7


#30

I’ve already heard people blaming the Dems for everything that goes wrong (stock market, housing prices, etc…). And they’re not even in power in the house yet.


#32

How could anyone have guessed that going to war with so many countries would be bad?


#33

Trump needs to have a MAGA rally there so he can brag about how he is winning for them!


#34

I’m unclear on how layoffs square with full employment. That would suggest that they could just turn around overnight and find new jobs right?


#35

Well not at McDonalds et al.

But one might think it is as simple as you asked.

But it isn’t.


#36

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2017-11-27/trump-picks-up-baton-from-obama-in-crushing-china-steel-imports

Yep, steel tariffs are an Obama legacy. 2016. Read all about it.

The decline began as the Obama administration passed a slew of import tariffs on steel from China, claiming that overcapacity was allowing the country to dump the metal in the U.S.


#37

I expect that will be the Trump spin then: Trump has actually freed these 15,000 workers and allowed them the opportunity to find even better jobs. Bravo!


#38

That is an interesting question. If we are at full employment, why are there layoffs? Isn’t there a labor shortage?


#39

Because thanks to cafe standards, we dive mostly trucks not passenger cars… The govt ruined the passenger car, and really hit it hard under Obama.


#40

He wasnt wrong…they just dont pay that well…10 11 12 an hour for ■■■■ jobs that make you work twice as hard.


#41

March of next year