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Posted on 11/27/18 at 4:09 pm to Nastradamus
Barrack killed Osama...and American jobs!
Posted on 11/27/18 at 4:11 pm to LSUWoodworker
quote:
If GM cannot produce a product that will sell without Government subsidy they need to stop building cars and maybe look into dildos or something else to build.
They already are..... I bought a 2014 Sierra and its fricking me every chance it gets. Its a damn shame when you spend that kind of coin on a product that they do not stand behind.
Shame on me for buying Government Motors in the first place.... It will be my last!
Posted on 11/27/18 at 4:12 pm to Rex
quote:
The way I see this is that Trump should be kissing Mary Barra's arse right now for not announcing these job cuts BEFORE the midterms, because I'm sure she must have known about them.
Or this is some retaliation for the mid term results that did not come to fruition as some thought they would. The start of the next big dig on Trump's agenda.
Posted on 11/27/18 at 4:24 pm to Lg
quote:
you don't think a US based company should be beholden to their US factories first?
how does this in any way follow from what i said?
Posted on 11/27/18 at 4:25 pm to Lg
quote:
Do you think it will cost more to build a vehicle in the U.S. than to have it built in China and imported to the US?
Depends on a lot of factors. Trucks will cost more to build overseas. You can thank a 25% import tariff (chicken tax) for that.
With cars, it gets more complicated. In general, it's cheapest to build in Mexico because of low wages and NAFTA. Chinese-made cars would be subject to at least a 2.5% tariff plus the cost of transporting across the ocean. US plants often have a lot of tax incentives and subsidies too, which tilts things back in their favor as well. Also remember that Chinese cars would be low-margin, high-volume.
We import mostly luxury cars from the EU, which can overcome some of the added costs because they are higher margin.
This post was edited on 11/27/18 at 4:26 pm
Posted on 11/27/18 at 4:25 pm to Lg
quote:
you loving to prop up the Chinese government
^populist NPC argument
Posted on 11/27/18 at 4:27 pm to Nastradamus
quote:
Osama is dead and GM is alive!!!
that's a good one; forgot about that
Posted on 11/27/18 at 4:29 pm to VoxDawg
Thankful I don’t drive a gm product. After the first bailout I was embarrassed enough to permanently switch.
Posted on 11/27/18 at 4:35 pm to bamarep
Free trade was Reagan and Bush Sr’s idea .....Clinton sold it also to appease the right and appear moderate. As did Bush Jr and Obama. This is about 30 years of “frick American worker “ policy perpetrated by moderates and conservatives alike. Labor and the left have been all in on Trump trade policies since the 1980s. Until Bill Clinton took the party to the right to attract moderate Republicans Trump trade policy was Democrat Trade Policy.....and the GOP said it was bad policy.....wouldn’t work.... was too intrusive...... now the GOP can’t decide between Reagan and Mondale.....y’all are some STRANGE ducks.....
Posted on 11/27/18 at 4:38 pm to MastrShake
quote:
hes the one who did this to those workers.
please open your eyes people, trump has no idea what the frick hes doing, he thinks this is a game show, he thinks its his game show that hes in charge of and he can just bully the world into submission.
that shite is never gonna happen.
does your mouth taste nasty from all the bullshite you just spewed out?
Posted on 11/27/18 at 4:38 pm to bamarep
Whether or not GM should or should not have its subsidies cut, does it bother anyone that Trump thinks he can just unilaterally decide that it shall be done?
Authoritarian populism.
Authoritarian populism.
Posted on 11/27/18 at 4:55 pm to Ebbandflow
Why do you keep ignoring the fact that companies like GM got huge tax benefits and export duty reductions because of Trump's policies? Ford's CEO said that, at worst, a trade war with China could erode "2/3 of the tax cut benefits". So they are still up billions even before you take into account the improved export duties that were negotiated under Trump (EU trade deal as an example). Ford's Q3 earnings beat expectations and stocks soared. Cat's Q3 was up 18%. Deere's Q3 was up over 30% and neither Deere nor Caterpillar have had mass layoffs since the tariffs were announced. Ford's layoffs in 2018 were part of a preexisting reorg plan.
GM is sucking because its poorly managed, and has been for some time.
GM is sucking because its poorly managed, and has been for some time.
Posted on 11/27/18 at 4:58 pm to texridder
quote:
Whether or not GM should or should not have its subsidies cut, does it bother anyone that Trump thinks he can just unilaterally decide that it shall be done?
Authoritarian populism.
Congress needs to give him a swift kick in the arse, this whole GM thing has been completely reckless.
This post was edited on 11/27/18 at 5:00 pm
Posted on 11/27/18 at 4:59 pm to Ebbandflow
quote:
Do you really want to go toe-to-toe with me on how many jobs have been lost in any American industry
I got your toe right here
quote:
Bloomberg: Trump Tariffs Not Costing U.S. Jobs as Free Traders Claimed
quote:
Coalition for a Prosperous America: Trump Tariffs Creating 20 New U.S. Jobs for Every One Lost
quote:
Lifezette: Most U.S. jobs losses are from corporations that bet heavily on overseas operations and are now feeling the effects of tariffs
Posted on 11/27/18 at 5:05 pm to LSUWoodworker
quote:
, If GM cannot produce a product that will sell without Government subsidy they need to stop building cars and maybe look into dildos or something else to build.
They build dildos now. Hace you seen the shite they put out? Have you driven a GM truck in the past 10 years? Crap I tell you.
Posted on 11/27/18 at 5:13 pm to bamarep
If we actually dump the electric car tax credit, GM is boned. A Volt sells for under $40k. You need that credit to make it viable. Tesla sells cars for twice that. Rich people DGAF. The model 3 is cheaper but most of them are still quite a bit more than a volt. Tesla actually wants that subsidy to end. They get plenty of incentives from local/state level
This post was edited on 11/27/18 at 5:14 pm
Posted on 11/27/18 at 6:27 pm to texridder
Well Tex that's exactly what Obama did when he bypassed bankruptcy law and let "New" GM transfer all of the $45 Billion loss of "Old" GM to the new company. This was in violation of existing law. Din't bother that socialist at all. Plus he gave GM another $50 Billion. Phone and a pen.
It's almost like GM was Iran for God's sake!
LINK
It's almost like GM was Iran for God's sake!
LINK
Posted on 11/27/18 at 6:35 pm to udtiger
quote:
Not even you are dumb enough to believe this.
Don't be hasty, now.
Posted on 11/27/18 at 7:04 pm to texridder
Did it bother you when Obama acted similarly?
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