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| I believe it was because of the 68,000 jobs that were kept in the United States because of the bail out. That's not counting the 21,000 automotive dealers or the part supplies that would have been affected if GM shuttered its doors.
GM employs roughly 200,000 people worldwide. Does that mean they're a foreign company because the majority of their employees aren't in the states?
I'm not going to say it was a good "investment" by any means, but I think it's a bit short sighted to say it shouldn't have been done at all; especially just because there's a factory in Mexico.
(numbers used are after the bailout. # of employees and dealers would have been higher beforehand) | |
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