Is that The Administration and its people didn’t read the fine print.
The U.S. government is pouring billions into General Motors in hopes of reviving the domestic economy, but when the automaker completes its restructuring plan, many of the company’s new jobs will be filled by workers overseas.
According to an outline the company has been sharing privately with Washington legislators, the number of cars that GM sells in the United States and builds in Mexico, China and South Korea will roughly double.
The proportion of GM cars sold domestically and manufactured in those low-wage countries will rise from 15 percent to 23 percent over the next five years, according to the figures contained in a 12-page presentation offered to lawmakers in response to their questions about overseas production.
As a result, the long-simmering argument over U.S. manufacturers expanding production overseas — normally arising between unions and private companies — is about to engage the Obama administration.
The only other option is that President Obama’s people told the unions and the bosses took the deal anyway, willing to keep their dues-base stagnant, essentially giving their members the finger. And after all, why not; Our bailout cash is keeping the pension fund afloat.
Hope AND Change, all in one deal.