By: Breeanne Howe (Diary) | April 18th, 2013
It’s been nearly four years since General Motors (GM) declared bankruptcy and was bailed out by American taxpayers. So what has $50 billion bought us?
Working Mother magazine recently released their list of the dozen “Best Companies for Hourly Workers” for 2013. Among those listed was GM who, in their own press release, described the honor as “recognition of employers that have the best policies and programs for promoting women and a dynamic work life culture.” However, closer inspection of where the company has chosen to invest appears to indicate that the promotion of women does not rank highly among GM’s priorities. In fact, allegiance to the country that built them also does not seem to make the list at GM.
As Bill McMorris noted last year:
GM has increased its manufacturing capacity in China by 55 percent since emerging from bankruptcy thanks to a $50 billion bailout from taxpayers….
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