General Motors plans to hire an additional 4,000 employees. That’s good news since the taxpayers still own 1/3 (33% of the company), but what are these new employees going to be doing since sales aren’t anywhere near the pre-economic slump levels
Actually, it shouldn’t be a problem keeping these newbies busy given the nearly 170,000 vehicles currently in recall (from January-May_. In addition to fixing the mass of recall issues on virtually all types of vehicles produced they may also be called into action taking gas to some of the 1,000 new Volt owners (1st quarter sales of this vehicle) who are stranded roadside after maxing out the extensive battery powered travel range.
Granted, these aren’t “shovel ready” jobs–yet, but if the administration has its way, many of these gas hogs will be buried in exchange for more fuel efficient models. Of course, many people can’t really afford a new vehicle right now, and the one they have may be running just fine, but the lure of low or no interest rates and the ultra-hyped green energy ploy being pushed onto consumers could result in a similar circumstance that befell thousands of homeowners who got in over their heads. But again, not to worry; they Feds are standing at the ready with a bailout plan for nearly any circumstance. So go ahead Mr./Mrs./Ms. consumer, sign the bottom line for something that’ll make you feel good right now, never mind the fact that 1) you don’t really need it, 2) you can’t really afford it, and 3) you have the assurance that Uncle Sammy will help you dump it if things go sour.