1 September 2012 0 Comments

General Motors – 2/3 Jobs Are Foreign – President Obama’s Turnaround Model

“To be exact: GM’s December 31, 2011 annual report shows General Motors of North America accounting for 98,000  of the 207,000 GM jobs worldwide. But 12,000 of these jobs are in Canada and 11,500 are in Mexico.  Accordingly, GM has 74,500 jobs in the United States and 122,500 abroad, even after Obama’s touted surge in Detroit jobs.  Almost two thirds of  GM’s jobs are in other countries.” READ MORE Forbes 12 August 2012

Compare and contrast President Obama’s own words: Let’s remember Obama’s words at his Colorado rally: “Let’s give tax breaks to companies that are investing here. It’s the right thing to do.”  READ MORE Colorado 9 August 2012

 

 

 

Trade Reform has a  article on government financed outsourcing. READ MORE 9 August 2011 Fisker Automotive took $529M in taxpayer loans and outsourced the manufacturing to Finland

Leave a Reply