Gm eschewed nostalgia as it cut jobs – opinion – stripes electricity nightcore lyrics

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In 1953, Charles Wilson, then the president of General Motors, famously told a congressional committee that “what was good for our country was good for General Motors, and vice versa.” A version of that soft industrial nationalism has been Donald Trump’s core political philosophy. dynamic electricity examples Though with a codicil: “What’s good for both is also very good for one Donald J. Trump.”

The president has leaped to take the credit when even small numbers of auto jobs were added during his administration. In part that’s because of the electoral map; auto manufacturing is heavily concentrated in the Midwestern states that sealed his 2016 victory. gas and supply okc But Trump also clearly believes that the way to “Make America Great Again” is to bring back jobs from overseas. When he talks this way, he is looking back to the days of Wilson at GM, when the fortunes of America and its large manufacturers were so tightly linked that Wilson’s formula was less a fine bit of self-delusion than a simple statement of fact.

During the midcentury peak of U.S. manufacturing prowess, the country’s industrial might was the envy of the world, and auto companies were its crowning glory. gas relief for babies home remedy General Motors was America’s largest company, and the state-of-the-art cars rolling off its assembly lines provided highly paid, secure jobs by the hundreds of thousands. When America prospered, so did GM — and when GM prospered, so did America.

Trump, predictably, was furious, telling The Wall Street Journal, “They better damn well open a new plant there very quickly.” He seemed to be implicitly acknowledging that when he claimed the power to increase manufacturing in the United States, he would also be held responsible if it shrunk. Now that GM has announced a major restructuring, his grandiose claim looks, and was, politically foolish.

Yes, the tariffs the Trump administration has slapped on foreign steel aren’t helping an industry that consumes a whole lot of the stuff. z gas el salvador GM’s chief executive, Mary Barra, has listed tariffs as among the “headwinds” facing the company and aluminum levies have cost the company a billion dollars by themselves. But a modest increase in the cost of metal that is also borne by their competitors is unlikely to be the whole story. d cypha electricity futures According to Mary Lovely, a trade economist, the tariffs “probably just added to the urgency of doing something to stem losses from unpopular models and production lines.”

In a Wilsonian America, GM might have hesitated to shut down production lines entirely, fearing what it would do to relationships with regulators, local communities and labor unions. 6 gases But that America vanished decades ago, and GM can’t afford to stage a historical re-enactment of its past glories. That’s how it got into so much trouble in 2008.

It’s a good sign for the company that Barra isn’t acting like a traditional GM chief executive, letting things go along as before, hoping that nothing will ever change. Instead of waiting for disaster to force her hand, she is repositioning the company, while times are relatively good, for the market realities and technological changes shaking up the industry.

But however good for GM Barra’s move ultimately proves to be, by Wilson’s metric — and by Trump’s — America is having a bad week. electricity voltage in usa We no longer live in a country where what’s good for big business is good for its workers or for its politicians. There may be no way back to such a place, but if there is, it’s pretty clear that Trump doesn’t have the map.