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| Ohio went to Trump. MAGA didn't help the Youngstown/Warren - Mahoning Valley region. |
General Motors is shutting down facilities in the United States and Canada.
How's that Jobs and Tax Cuts Act working for you?
Two states that Donald J. Trump carried are affected by GM's closure. I guess this is what you get when you vote for Republicans. I also want to say that John Kasich was a crappy governor. He may be the rational voice within the Republican Party but he as well as Trump created the mess.
Now this turd Mike DeWine coming in January. He's going to hurt Ohio more.
He will invest in more stupid tax cuts and deregulation.
So the largest GM facility in Ohio is closing. No surprise here. It affects thousands of workers in the metro Youngstown area. It affects the lawmakers who represent that region. It will be a campaign issue in 2020.
GM took advantage of the Cash for Clunkers, the TARP law and the Jobs and Tax Cuts Act. They have profited billions out of the tax breaks. It also reorganized itself during the Chapter 11 bankruptcy.
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| Donald Trump and Mary Berra, the embattled CEO of GM. How's that tax cut working for you? |
The affects of GM closing affects thousands of Americans who worked there.
Since I live in Ohio, it affects me.
The rust belt is once again hit. The Mahoning Valley gets hit with the news.
GM Lordstown is closing by March 2019. The facility is located between Cleveland and Youngstown. It is located near the Ohio Turnpike which carries transcontinental highway Interstate 80. Lordstown plant had more than 4,500 employees less than two years ago, but that number has since fallen.
It affects Ohio once again. It was 10 years ago, the GM Truck Facility closed in 2008 leaving Dayton, Ohio and the Miami Valley a big hurt. It hasn't bounce back since the departure.
Fuyao, a Chinese glass manufacture moved into one of the abandoned GM facilities. It's been there for about four years now.
TJX Corporation which owns TJ Maxx, Homegoods and Marshalls announced it will build a distribution center in Lordstown.
It won't be enough to replace the jobs that GM offered.
Sen. Sherrod Brown (D-OH), Sen. Rob Portman (D-OH) and Rep. Tim Ryan (D-OH) were pissed.
Kasich and DeWine both express anger at GM for allowing this to go forth.
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| The Ohio Turnpike overlooks the Lordstown GM Assembly. The company blames tariffs for the immediate shutdown. |
Earlier today, the Associated Press reported GM is also closing a Canadian plant at the cost of about 2,500 jobs.
A person briefed on the matter told The Associated Press that the plant being shuttered in Canada is just the beginning as GM prepares for the next economic downturn, shifting trade agreements under the Trump administration, and potential tariffs on imported automobiles.
In the fall, the Detroit automaker offered buyouts to 18,000 white collar workers, but it has yet to say how many accepted, or if it's close to meeting the staff reduction goals it set to better withstand leaner times.
The Associated Press later reported that GM plans to slash 14,700 jobs and may close as many as five U.S. factories.
from World News Today https://ift.tt/2Qq2FVW
breaking News: GM Punches Trump In The Gut! - News Paper
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