Nordick
I can talk to you about economics all day.
Unlike some countries companies are owned by the share holder. If you own stock or a 401K (depending on your selection) you own shares of a company.
Your investment provides capital to the company you own.
That capital is used to invest in the company and if the company grows that means the value of your shares go up and may mean more jobs and more economic activity.
I’m sorry your such a loser. I’m sorry your so fuckin lazy.
If you were a hard worker and bright (which apparently you are not), you could advance and make more money. If you were a hard worker you could get an education and secure a loan to start your own business. Maybe that business will take off and you will find wealth and people can than call you a shithead for not paying your employees enough.
I’m going to make this as simple for you as possible. Businesses small and large are created to make a profit. I know the word profit is a dirty word for a communist like you. If businesses don’t make a profit they go out of business and people loss their job and have to find another. Profit is good because that means people are working.
You mention GM. This shows your true ignorance on the subject.
GM employs 170,000. You should know that GM has many divisions under the parent name. If one of those divisions is not make a profit (that dirty word again), changes are made. The market changes, some of the cars being produced are not selling. If you did your homework instead of making things up you would realize customer preferences have changed. Tesla was a factor as well as Uber and Lyft. GM will be producing more electric vehicles, they will streamline the number of models produced, increase utilization of existing plants. You forget to mention that many of the workers lay-offed will have the opportunity to shift to other GM plants. They were also offered a buyout.
The people with the wealth gave workers the opportunity to create the product and in the process collect a paycheck.
I’m sure you will defend your liberal friend Bill Gates. I believe he is the second riches man in the world.
They made products offshore because the tax burden on corporations were too high. We could not compete with foreign companies.
This is not France. You are not guaranteed a job for life. If you get fired go find another job. In a health economy if you are bright and educated, employers may compete for you. Obviously you don’t fit that category.
PS it was 7% of GM workforce that was laid off (14K). By the way your a fuckin lair. The boss never said any such thing.
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