Well, more bad economic news. As we Americans have read, GM has decided to continue to close plants and lay off workers. The union thinks that there is a language issue in their present contract and GM won’t be allowed to follow their plan, but as someone who has been in a union all my work life, all that I can say to that is, “Good Luck.”
General Motors at one time was the largest corporation in the world, until Exxon-Mobile took over number one, which is now held by a retailer named, “Walmart.”
Sad to say, but when GM sneezes, many other companies that are their users, suppliers and vendors all come down with pneumonia. And, the worst part is that it isn’t just GM that is planning additional closings, relocating and layoffs. I love the word “layoff.” These people are not laid off. When the plant that they are working in closes, the jobs go away. These people are not laid off, they are terminated. If there's any good news here, GM states that they plan to save their shareholders $6bil during the coming years.
I could write a whole bunch of stuff about GM, the economy and other yadda, yadda, yadda, but what's the point? In 2009, we built our home we live in now for a cost of $400k. Today, they are still building homes in our development at a cost of $750k. I know labor and material costs have risen, but really?
I can’t begin to tell you how bad I feel for young couples with children trying to raise their family. Making a monthly mortgage payment, plus paying the other bills and then maybe having enough money left over to be able to eat out now and then and even take some kind of a vacation in the summer must be very stressful to many of the workers today.
Where does the insanity end?
General Motors at one time was the largest corporation in the world, until Exxon-Mobile took over number one, which is now held by a retailer named, “Walmart.”
Sad to say, but when GM sneezes, many other companies that are their users, suppliers and vendors all come down with pneumonia. And, the worst part is that it isn’t just GM that is planning additional closings, relocating and layoffs. I love the word “layoff.” These people are not laid off. When the plant that they are working in closes, the jobs go away. These people are not laid off, they are terminated. If there's any good news here, GM states that they plan to save their shareholders $6bil during the coming years.
I could write a whole bunch of stuff about GM, the economy and other yadda, yadda, yadda, but what's the point? In 2009, we built our home we live in now for a cost of $400k. Today, they are still building homes in our development at a cost of $750k. I know labor and material costs have risen, but really?
I can’t begin to tell you how bad I feel for young couples with children trying to raise their family. Making a monthly mortgage payment, plus paying the other bills and then maybe having enough money left over to be able to eat out now and then and even take some kind of a vacation in the summer must be very stressful to many of the workers today.
Where does the insanity end?
