Quote:
Originally Posted by djplong
We have some good news on the job front.
http://www.bostonherald.com/business...&position=also
In short, employment of Americans in the auto industry has gone from 623,000 on 2009 to almost 700,000 - 12% up since then (compared to 0.2% increases in the rest of the sectors). Places like Tennessee with their new Volkswagen plant (2000+ workers) and Honda hiring another 1,000 workers in Indiana............
For those who complain that much of GM was 'given' to the unions, I'll say this. It puts the workers in the position of being owners. When I worked for companies that had employee stock ownership plans, the companies, IN GENERAL, did better. There was more of a sense of cameraderie.
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Oh please. I thought you were the one commenter here who is willing to give credit where credit is due. This is the result of MANY factors and individual/group leadership, and not just the person in the Oval Office.
While it seems to be good news, it looks like it's a lot better news for Volkswagen, Honda and Fiat--foreign companies--than for American-owned companies.