AdHocSolver
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Fri Nov-21-08 11:10 PM
Response to Reply #4 |
9. I posted earlier that GM would use the bailout money to build more factories overseas. |
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I suggested in that thread that GM would expand their Buick plant in China that was making tons of profit.
Why should GM use the U.S. taxpayer's gift to make more cars in the U.S. when Americans are unemployed and broke and can't afford to buy cars anyway? That is illogical.
(If you have been paying attention, giving money to "producers" to "fix" the economy is elsewhere referred to as the "trickle down" theory of economics. Give money to investors and they will "create" jobs. Just no telling where those jobs will be created.)
IIRC, DainBramage also posted in that thread. My reply may even have been to one of his posts. At any rate, he should have seen what I wrote.
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