AWKWARD: GM Pledged 10,975 Jobs To Trump 4 Months Ago, But Now GM Is Cutting 15,000 Jobs

Well this is awkward, and those job “opportunities” are still counted by the White House and the National Council for the American Worker. Here’s more…

First things first: They were never really “jobs” pledged.

The companies, including General Motors, only pledged American workers “new opportunities”.

Meh.

Neither here nor there.

Washington counts all sorts of things as jobs, so might as well count “opportunities” as “jobs” too.

Jobs are, after all, what we’re talking about here.

Regardless, this is something that has irked me, so if you’re not in the mood for a rant, I suggest you go ahead and click the “back” button.

Maybe everybody remembers in July of this year when President Trump made a big deal about his Administration’s newly created “National Council for the American Worker”?

That whitehouse.gov Pledge to America’s Workers page starts out with this sentence:

The economy has come roaring back to life under President Donald J. Trump.

On that page, there is a fancy, custom-coded scrolling tally-counter, so when you scroll down the page and pass each company on the list, it adds the number of pledges to the running total.

Go check it out and have a look.

It’s showing nearly 6,500,000 “opportunities” pledged to American workers.

The White House even made an inspiring video about it:

General motors is even singled out in that video at the 32 second mark.

But just yesterday, we learned that GM will be laying off nearly 15,000 workers and shutting down plants. That includes both American workers and American plants.

Curiously, the White House has neither removed GM from the list, nor switched the addition to the total number of pledges to a subtraction from that number.

Awkward!

To demonstrate the awkwardness, I made a handy little screenshot:

Needless to say, President Trump is not pleased:

OK, “Hey Half Dollar, are you ranting about the President, or are you ranting about GM?”.

Good question.

I’m ranting about neither and both at the same time.

I’m ranting about the economy in general, and about how we don’t have this “booming economy”, and by no means do we have the “greatest economy ever”.

So please, anybody, answer this question –

How can you have the “greatest economy ever”, yet a little more than 4 months after pledging nearly 11,000 “new opportunities” to American workers, a company as American as apple pie is not only reneging on its pledge but actually cutting jobs?

You can’t.

The whole thing is a sham.

Think about that for a moment – those GM jobs are good paying jobs.

They are jobs of the caliber that anybody would be proud of saying, “I work for GM”.

But instead of adding 11,000 jobs, several thousand will actually be lost.

Since I have graciously been allowed to get this off my chest, I would like to leave readers with a lesson here: The Speed of Collapse.

That is to say, just look at how fast things can fall apart, and let it sink in for a moment: In a little more than 4 months, a company that pledged 11,000 opportunities to American workers is actually cutting jobs!

When the economic collapse happens, In my opinion, it is going to blindside millions and millions of people. It will be like getting hit with the proverbial 2×4 on the back of the head.

Never saw it coming.

People are either ready and prepared for the collapse by now, with their life-jackets on, and they’re safely aboard the life-boats, or else people will go down with the US Titanic.

Sadly, the latter will be the case for most people in this once great nation.

If I had the time, I would go down the list of companies on that White House web page, and find out, with each one of those companies, if they are hiring or firing workers.

Because there have been nearly 6,500,000 eggs counted by President Trump, but we know that at least 11,000 of them won’t be hatching,

Anyway, thanks for giving me the opportunity to rant, because I don’t think anybody has connected these dots.

The economy is not booming.

It’s actually falling apart.

Stack accordingly…

– Half Dollar


 

About the Author

U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.

Paul’s free book Gold & Silver 2.0: Tales from the Crypto can be found in the usual places like Amazon, Apple iBooks & Google Play, or online at PaulEberhart.com. Paul’s Twitter is @Paul_Eberhart.

***