usanowGMelect

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

Good paying jobs are the creation of communities giving big corporations, like GM tax abatements. In return GM pays it's workers well which boosts the communities economy. This works well for the hourly insurance worker, the real estate worker, the school worker and the hospital worker. The whole community prospers. GM pays more taxes back to the Governments of this country than all the foriegn automakers combined. Foriegn automakers send thier profits not back into your communities, but back to Japan. By voting to close GM, you vote against your investment in your own community and to allow foriegn interests to entrench deeper in your back yards I agree that GM needs to redo their business plan because there are lots of mixed signals and this is why congress is taking their time to sort all this out.