GM announces layoffs at Warren, MI transmisison plant

[Pulsar]

You said it had nothing to do with Trump, I explained why that was a factual error.
The OP is a bit sensationalist, but otherwise factually correct. GM is sitting on more than 3 months inventory right now. Their usual 2 week retooling is going to be 10 weeks this year, and shifts are being cut.
Now.. sometime last October, I watched a political debate where Trump "guaranteed" 5% GDP growth. The emphasis on "guaranteed" are Trump's own words. He was remarkably confident about it. I knew at the time that it was total horseshit, particularly because of the age of the current business cycle, and even said as much in the debate thread (feel free to search for it).
But pardon me holding the President accountable to his own words.

I have no problem holding Trump accountable. He's a blowhard and a buffoon and he's making the country look bad. But my point was that the original post was pointless - it's was essentially the same as announcing that the days are warming up as we approach summer.

 

[TheVrolok]

What are they going to do? Vote to give me a tax cut?
This is nice thing about being a coastal liberal elite. You get to vote your conscience, and have others vote your wallet.

I jest in the same way with my friends. Nice to be able to vote my socially liberal agenda, but then still come out on top when the GOP wins (well, certainly debatable and likely losing long long term, but Trumps tax plan would benefit me and the AHCA is unlikely to have any effect whatsoever). So hard to be an upper class straight white Christian raided male, especially with all the persecution in this country...

 

[Puffnstuff]

Trump made this about Trump when he guaranteed consistent 5% GDP growth (which he later changed to 4% and now 3%). But now we see the auto industry slowing. Mortgage applications are down 30%. Retail is crumbling. But yeah, nothing to see here. And if the economy does turn down, it'll be Obama's fault, right?

The only thing that Trump can be guaranteed to do is spew more garbage. He's a national embarrassment and so are his right wing head up their (insert dark location here) supporters like the one who keeps trying to attack me in this thread and is now on my ignore list. These are the same folks who are about to be affected by autonomy and will cry us a river when their jobs go away even though they had advanced warning and couldn't be bothered to mitigate its effect like get an education.
https://www.ottomotors.com/
https://www.amazonrobotics.com/#/
https://www.mercedes-benz.com/en/mercedes-benz/innovation/the-long-haul-truck-of-the-future/
http://www.businessinsider.com/voyage-autonomous-taxi-udacity-2017-4

 

[ch33zw1z]

Agreed. I don't get the thought process of God created the Earth so we can pollute the hell out of it.

It's how greed is justified based on misinterpretation of scripture. Aka misdirection.

 

[ch33zw1z]

What's sad is I'm not sure this is sarcasm.

Why would it be sarcasm?

Fuck the libtards was the last election.

Meanwhile the GOP is back to their standard game plan. Cut anything and everything that could hurt high rollers that are lining their pockets, and increase military spending.

All under the guise of sticking to the libtards.

 

[Puffnstuff]

It's how greed is justified based on misinterpretation of scripture. Aka misdirection.

Oh I see, when Jesus said go ye into all the world and preach the gospel they heard go ye into all the world and enslave the working poor. I suppose they completely missed the no man can serve two masters part for he will love the one (money) and hate the other (Jesus).

 

[ch33zw1z]

https://www.biblegateway.com/passage/?search=Genesis+1:26-28&version=KJV

It's evolved from us being stewards of the earth, to destroying it cuz God says it's cool, but we're doing it for huge profits for a few, and no....those profits aren't for the plebes. FYGM, it's what the Bible says so Christians won't argue.

 

[boomerang]

Small and midsize car sales are down 10-15% from 2016. Dealers can't move inventory and lots are crammed full. They have to cut back production.

Which is another reason why layoffs are happening. The automotive business is cyclical in nature and the result is layoffs. Nothing new.

 

[boomerang]

Thanks, Trump.

No shit. I just stubbed my toe! That bastard!

 

[amenx]

America great again.

 

[Puffnstuff]

Which is another reason why layoffs are happening. The automotive business is cyclical in nature and the result is layoffs. Nothing new.

Of course its cyclical as many different things influence car sales. Electrification is a new pressure on car makers that will adversely impact their old business models forcing changes. Tesla proved to all of them that the buying public is very interested in this technology and now they are moving full steam ahead in that direction.

I saw a presentation on the Jaguar I-Pace and this model is coming to dealerships soon along with an entire slew of desirable models from other manufacturers. Electric cars don't have to look stupid like the Chevy Bolt or BMW I3 and I would rather have an electric car than one using internal combustion. People resisting this technology are no different than the people at the end of the 19th century who resisted the horseless carriage.

 

[Exterous]

Mortgage applications are down 30%.

From everything I have read new mortgages are within a single digits of last year - its only refinancing that is 30+% below last year which is the obvious side effect of the end of record low mortgage rates (And those two figures are typically combined for a general "Mortgage applications" number) . That would make it the "fault" of the Fed more than anyone else.

And if the economy does turn down, it'll be Obama's fault, right?

I expect we'll see endless debate about that but regardless of who was elected we're well into the "overdue" category for a recession with this expansion being 2x as long as average and our 3rd longest since 1919. Obviously that doesn't mean it has to happen but it does suggest we're on a significantly more difficult to balance point than average and a lot of those balance factors fall well outside presidential control. Both presidential candidates promised GDP growth. Of course they will. Saying "Well, economic pressures are building against further expansion so there is a good chance whoever is elected will face a recession and there are factors well outside my control that could cause GDP to slide" is generally a bad idea politically.

 

[Pens1566]

There's that concern for working Americans that won Hillary the election

No, it's the "personal responsibility" BS that the GOP spouts constantly. At least they did before the party turned into Putin fluffers.

You (Trump voters) broke it, you bought it. Go on, make America great again. The rest of us will wait. And enjoy watching the Kansas effect propagate in the meantime.

 

[boomerang]

No, it's the "personal responsibility" BS that the GOP spouts constantly. At least they did before the party turned into Putin fluffers.

You (Trump voters) broke it, you bought it. Go on, make America great again. The rest of us will wait. And enjoy watching the Kansas effect propagate in the meantime.

Do you anticipate ever getting over her loss?

 

[brandonbull]

More Trump supporters going jobless.

Maybe we could have the gubment buy all the excess inventory to keep people working?

 

[Pens1566]

Do you anticipate ever getting over her loss?

No need to anticipate events that have already taken place. I'm enjoying (way too much) watching Donny display glorious amounts of ineptitude on a daily basis. He's destroying the GOP from the inside and exposing traitors at a tremendous rate and the deplorables are all "rah rah" watching it burn down because libruls/snowflakes/cucks/etc.. It'll get even better once Mueller is done.

 

[1prophet]

These jobs will be back as soon as they kill job killing regulations like those that limit productivity in the name of "safety" and bust the UAW through "right to work" legislation. Anyone will be able to have a job in Trumpistan for $7.25 an hour with your ability to choose from many paitent centric health care plans priced at only $25000 for a family of 3. The good news is the government will kick $75 towards the costs of those plans so they will be super affordable for anyone making at least $150K a year who will be able to deduct the cost from their taxes.

Good, why should Americans be entitled to cheap products on the third worlds back who work under conditions not fit for a dog, let them work under those conditions and maybe they will appreciate and won't mind all those "not so cheap" rules and regulations This country put in place to protect the very workers that now run to places like Walmart so they can get cheap goods because made in America is too expensive.

as for the UAW, the cowardly leadership can go fucck themselves, along with their bought and paid for corporate puppetmaster democrats, there was a time when he UAW would strike if GM tried to put a Japanese spark plug in a US made engine, today I see made in China stamped on new wheels along with various components under hood on brand new vehicles on the dealers lot and not a peep out of the once mighty UAW, soon they will be able to make the whole car in China with no UAW,
http://www.wranglerforum.com/f274/factory-oem-wheels-made-in-china-156705.html

so what does the UAW do, they go after Tesla to try to force unionization at behest of GM in order to slow them down, because how dare Tesla build an American car by American workers in one of the most expensive states full of rules and regulations and is zero emissions or close to it depending where the electricity is sourced from, showing how full of shit GM the UAW and the rest of the auto industry is because they believe the stock (that good old profit only matters mentality) is the product and not the car.

 

[Puffnstuff]

Maybe we could have the gubment buy all the excess inventory to keep people working?

You mean like how Trump purchased Chinese steel to build his towers and then buffalo's his base into believing that he cares about them.

 

[jmagg]

Having been a union worker for decades, i can say that layoffs/rehires are common. More of a commodity than a person.

 

[Thebobo]

Agreed. I don't get the thought process of God created the Earth so we can pollute the hell out of it.

Its what Jesus would do.

 

[Thebobo]

Maybe we could have the gubment buy all the excess inventory to keep people working?

Well that's not a bad idea. Noty saying all but the government has a huge motor pool. And a lot of huge wasted vehicles.

 

[theeedude]

I jest in the same way with my friends. Nice to be able to vote my socially liberal agenda, but then still come out on top when the GOP wins (well, certainly debatable and likely losing long long term, but Trumps tax plan would benefit me and the AHCA is unlikely to have any effect whatsoever). So hard to be an upper class straight white Christian raided male, especially with all the persecution in this country...

Yep, they "win," but we get taxes cut by a third, and they get sh!tcanned and thrown off insurance. Such is life.

 

[Londo_Jowo]

I would bet the vast majority of these UAW union workers voted for Hillary. Good to see Democrat/Liberals hating in them for the actions of others.

 

[theeedude]

I would bet the vast majority of these UAW union workers voted for Hillary. Good to see Democrat/Liberals hating in them for the actions of others.

Winning matters. They lost their state. The participation trophy is a pink slip.

 

[dank69]

https://www.biblegateway.com/passage/?search=Genesis+1:26-28&version=KJV

It's evolved from us being stewards of the earth, to destroying it cuz God says it's cool, but we're doing it for huge profits for a few, and no....those profits aren't for the plebes. FYGM, it's what the Bible says so Christians won't argue.

https://www.yahoo.com/news/apos-christian-apos-conservative-jesus-091539827.html