Spare_change
Gold Member
- Jun 27, 2011
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When was GM directed to close 800 dealerships?Seriously? You have to ask a question like that?
Let's just talk about your "private corporation" GM ... who controls the cost generated by emssion standards? Who directed GM to close almost 800 car dealerships? What are the costs incurred as a result of federal labor standards? What are the costs incurred by OSHA? Whose onerous tax policies mandates that GM keep some of its auto production overseas?
The point is simple ---- nobody says those regulations are good or bad, but they are clearly the primary cost drivers for a so-called "private corporation".
It is naive, or ignorant, to posit anything else.
Who mandates that GM keep auto production overseas?
After GM was given a "loan" from the federal government -- the government trustees TOLD them to cut dealerships, based on some magic formula. The result was that 789 GM dealerships were closed nationwide, and over 20,000 people were put out of work.
Oh wait --- I apologize. It was Chrysler - the other car company feeding at the federal teat - that closed 789 dealerships. GM closed 1,100 dealerships resulting in 25,000 unemployed.
GM notifies 1,100 dealers they're out - May. 15, 2009
Examiner Editorial: GM got bailout, now ships jobs to China
GM retained all its manufacturing capability overseas, despite using government funding. They do this because it increases their profit ... the money stays overseas because of the anarchic US policy for repatriation of money.
In addition, once GM was stabilized, they invested billions in new manufacturing facilities - in CHINA !!!!!