Quote:
Originally Posted by Matt 26z
Where was Obama when GM announced a $3.6 million investment into Mexico back in 2014? What about the shitlib media? Nope. Nothing. Because this is globalism at work.
FLASHBACK:
GM to double Mexico production capacity, invest $3.6 billion in plants
December 11, 2014 @ 2:22 pm
MEXICO CITY (Reuters) -- General Motors plans to invest $3.6 billion in Mexico to double its production capacity at its plants around the country, officials said today.
Ernesto Hernandez, managing director for General Motors de Mexico, said GM is planning to make the investments through 2018 -- on top of $1.4 billion already invested in the past two years.
"With this investment, General Motors will double its production capacity of vehicles, engines and transmissions," Mexican Economy Minister Ildefonso Guajardo said during an event here earlier today.
The investment will be directed toward expansion projects at GM's four manufacturing complexes in Mexico, the modernization of production lines, and technological advances in autos and auto parts, Hernandez said.
The four complexes are in the states of Coahuila, San Luis Potosi, Mexico and Guanajuato.
Thousands of jobs
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why is there a reason for jump into a process that you canīt stop anyway ?
the production in mexico kept more us citizens in work as you might think.
you problem is always the same - you do NOT UNDERSTAND how the world economy works and trump does not either.
so now he gave them the big tax cutt and what happens is that they go abroad and jobs get lost because you can not expect that the world buys a shit if you produce MORE EXPENSIVE AS NECESSARY in a country and go in trade war with the whole world.
the unemployment rate in US is already again on the rise and new debt is higher than in the financial crisis. trade balance is worse than ever, inflation rate is higher than wages growth and all trump did for economy was a boomerang.
only blind people are unable to see that and you are one of them.
i donīt know why you stupids can not see the reality.