Monday, November 26, 2018

GM Cutting 14,000 Jobs

Trump told us as recently as a week ago that car companies were opening new plants all across the country.

Maybe they are, but today General Motors announced that they’re closing three assembly plants in North America and cutting 14,000 jobs.  That includes the plant in Oshawa, Ontario, where my 1988 Pontiac 6000 station wagon was built in February 1988.

Changes in the auto industry are nothing new, and it’s less than ten years since GM went through bankruptcy and made some very big cuts, including dropping four North American brands, including Pontiac.  (Now it’s an orphan twice over.)  That’s the way things go in capitalism.

But now Trump has been telling everyone that the American auto industry is booming, plants are opening, jobs are being created, and he’s taking all the credit, of course.

Well, now, who’s he going to blame when the plants close, people lose their jobs, and the ripple effect rattles through the towns and cities that depended on the car plant to keep the grocery stores and the schools open?

He’ll find a way to blame Obama.  Or Hillary.  Or Robert Mueller.  Count on it.

One bark on “GM Cutting 14,000 Jobs

  1. The GM plant IS Lordstown, OH. The entire economy of that city will collapse without the jobs the plant provides. The close-down can’t be blamed on anyone but the brutality of capitalism, but by God Trump will think of something. Obama rescued them once but there’s no angel in the wings today. Lordstown is becoming the new Flint and all that entails.

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