{"id":33872,"date":"2018-11-28T14:40:03","date_gmt":"2018-11-28T14:40:03","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=33872"},"modified":"2018-11-28T14:40:03","modified_gmt":"2018-11-28T14:40:03","slug":"gm-owes-its-existence-to-government","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=33872","title":{"rendered":"GM owes its existence to government?"},"content":{"rendered":"\n
Tweet<\/a><\/div>\n

Donald John “Smart Gut” Trump has blasted General Motors for closing plants and for announcing plans to lay off as many as 15,000 employees as part of a company restructuring.<\/p>\n

I laughed when I heard the president declare that the government “saved” GM “and this is the thanks we get.”<\/p>\n

Oh, wait! That rescue mission was launched during the first term of President Obama. Do you remember that one? The auto industry was in trouble. The new president got Congress to approve a massive bailout for automakers. The money propped them up, helped preserve them; it saved them from collapse.<\/p>\n

Then the automakers paid the government back<\/em> for the money they received!<\/p>\n

I guess what rankles Trump the most is that GM’s decision to lay off those workers turns one of the president’s signature campaign promises into, well, an empty campaign promise.<\/em><\/p>\n\n

Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Donald John “Smart Gut” Trump has blasted General Motors for closing plants and for announcing plans to lay off as many as 15,000 employees as part of a company restructuring. I laughed when I heard the president declare that the government “saved” GM “and this is the thanks we get.” Oh, wait! That rescue mission … Continue reading GM owes its existence to government?<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[8162,540,1112,1424,1882],"class_list":["post-33872","post","type-post","status-publish","format-standard","hentry","category-business-news","tag-automaker-bailout","tag-barack-obama","tag-congress","tag-donald-trump","tag-general-motors"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/33872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33872"}],"version-history":[{"count":2,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/33872\/revisions"}],"predecessor-version":[{"id":33874,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/33872\/revisions\/33874"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}