The job that wasn’t there

The last few days have brought us news of massive layoffs in many different sectors of the economy: IBM, Target, Home Depot, Caterpillar, Microsoft, Nextel… the list feels endless.

In the midst of all that comes a different type of bad news. GM has announced that it plans to use imported engines in the Chevy Volt. GM had planned to build a new factory in Flint, Michigan to produce the Volt engines, but put those plans on hold a month ago. They’ve now all-but-canceled them, eliminating thousands of construction and manufacturing jobs before they were even created.

If the new Flint plant had been built, these jobs would emerge throughout 2009 — as jobs are evaporating elsewhere. Of course these jobs would do only a little to offset the job losses in other sectors, but they are nothing to sneeze at in the middle of a recession. Our nation needs those jobs, and had Congress moved on the Detroit bailout last month for real we would have had them. As it is, we’ll get nothing but more and more layoffs. As I wrote then, this is blatant class warfare and it is deeply stupid.

Posted on January 28th, 2009 by Katxena