The GM motors comp some(prenominal),  run agrounded in  flint Michigan, provided Flint with an abundance of jobs and a seemingly secure  economic environment.  However, this  whole changed in the  previous(p) 1980s when GMs chairman, Roger Smith, discrete to lay off thousands of Flint employees.  As a result of Smiths decision, GM has since seen lucrative profits in   extravagance of eighteen billion dollars, and GM share holders have indulged in rising stock values.  Although GMs  go past dogs have enjoyed  strong economic benefits from this decision, the town of Flint has been devastated.  Flints dependency on GM backfired and  many another(prenominal) of the laid off GM employees have found it  nearly impossible to recover.  As a result, a in one case  favourable town quickly turned into one of the  least(prenominal)  preferred places in the United States to live in.  While GM executives eschewed any blame for Flints plight, saying that this is just the nature of major(ip) industr   ies, the citizens of Flint demanded answers and compensation. In the beginning, there were many advantages of having GM as the dominate employer in Flint.  The quantity of GM jobs provided for an economic  fly high town in the 1960s and 1970s, with money from General Motors trickling down from the workers to every part of the economy, and a growing population creating more homes, roads, and businesses.  It was all too  beloved to be true.  But when Roger Smith, president of GM, decided to relocate numerous jobs from the Buick City, it was time for Flint to pay the piper.  Smiths  excogitate was a  gravid one for his own gain.  It added millions to his already  preposterous supply of money, and for those top executives around him, the benefits were equally appealing.  However, Smith failed to  bowl over the thousands of people who were  destroyed by his relentless stride to earn...                                        If you  fatality to get a full essay, order it on our website: <   a href='http://ordercustompaper.com/'>OrderC!   ustomPaper.com
If you want to get a full essay, visit our page: write my paper   
No comments:
Post a Comment