Tag Archives: outsourcing R & D

General Motors is becoming China Motors

In 2009, the Obama regime used $80 billion of the hard earned dollars of American taxpayers, i.e., the 49% of U.S. adults who still pay the federal income tax, to bail out General Motors to prevent it from going bankrupt.

For what?

So that General Motors “outshores” moves, not just its manufacturing, but increasingly even its R&D (Research and Development) to China, effectively morphing into China Motors?

H/t FOTM’s gysgt1