GM Gratitude: U.S. bails out GM – In Return, GM Bails on U.S.

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By Greg Holt:

Greg Holt

Does anyone else remember the ginormous U.S. bailout of automaker General Motors?  The U.S. forked over somewhere North of 11 BILLION dollars to help right the sinking ship called GM.

I think many an American will like what President Trump had to say about this (indirectly):

“If GM doesn’t want to keep their jobs in the United States, they should pay back the $11.2 billion bailout that was funded by the American taxpayer.”

While it has been reported that GM is only closing plants in the U.S., according to The Guardian, GM is also closing one plant in Canada along with plants and facilities in Ohio, Michigan, and Maryland.  Closing these plants will of course have a large adverse affect on the U.S. economy.

This writer thinks GM is putting the screws to America while keeping their other plants overseas open and running for a reason.  Is this reason because GM is looking for payback over Trump’s tariffs?  Does GM like the idea of making Trump look bad?  I have no proof of course, but I would not be surprised.

Trump does however have a valid point here.  GM wants to shutter much of its U.S. operations while keeping plants open in other countries.  What about the BILLIONS of dollars that U.S. taxpayers paid to keep GM solvent?  What about all of the American jobs that will be lost?

It seems to this writer that regardless of GM’s reasoning here – GM seems to have no problem screwing American taxpayers and giving American workers the shaft in favor of non-Americans.

Shame on you GM.


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© Copyright by Greg Holt, 2018. All rights reserved.

Greg Holt
About Greg Holt 109 Articles
Since 2014 The Olive Branch Report, the definitive Christian News Magazine for today has featured the insightful writing and reporting of Christian blogger Greg Holt. His writing has been featured on American Prophet, American Clarion, Eagle Rising, Capitol Hill Outsider, Not Ashamed of the Gospel, and others. Greg is also the Publisher and Editor of Inspirational Christian Blogs. Jesus is the Way, the Truth, and the Life. There is no other.