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Jared Hamilton
From: Jared Hamilton
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Arnold Tijerina

Arnold Tijerina President & Corporate Storyteller

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GM creates more jobs.. in Mexico

I don't know about everyone else but it seems to me that GM's decision to create more jobs in Mexico is absolutely bad business. Without the U.S. taxpayer, GM may not have a business at this point.

This seems like a complete snub to Americans, who, last I heard, needed jobs. As of December 2010, the national unemployment rate was 9.1%. 

It may be cheaper to have factories in Mexico and employ Mexicans. Being of Hispanic origin, I have nothing against Mexicans.

The United States still owns about a third of General Motors and is the largest shareholder.

What are your thoughts on this matter? Does GM have any obligation to the taxpayers? Should the United States government intervene - which is its right as a shareholder?

[This post is in response to this article from 1/20/2011]

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