Thread: Sold American!
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Old 12-20-2017, 05:14 PM   #30
Willie Makeit
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Re: Sold American!

Quote:
Originally Posted by Popcorn W View Post
Toyota plants in the US always seems to come up in these discussions. They're creating American jobs.
Consider this:
I don't know how many man-hours it takes to build a new car. Let's assume for the sake of argument it's 1,000.
If you had bought a Chevy instead of a Toyota, that's a UAW job that would have gone to a GM employee for 1,000 hours instead of him working at Toyota, and the profits would have gone to Detroit instead of Tokyo.
lmao. the UAW is the reason the US auto industry is in the shape it is.

That GM plant you dream of that's full of American workers? GM has already moved that plant to Canada and/or Mexico and used the profits that you said go back to Detroit to pay ME, the us taxpayer, back for their bail out.

speaking of those "profits" when was the last time GM sent you a profit sharing check? last I checked, my Toyota stock was trading >$125 USD & paying 2.95% yield. GM? trading at less than $45.
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