I’ve got no love for GM after their bailout fiasco under the Obama administration, including how they were allowed to pay no taxes as they repaid some of the loan money they received. It was all about the Unions.
But that doesn’t mean I agree with Trump’s bully tactics to get GM to stop making cars in Mexico. That’s right, here he is again this morning yelling at GM on twitter that they should only make their US cars in the US or else they will pay a huge border tax:
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017
Here’s more on this:
This morning: Trump takes aim at General Motors https://t.co/nxnOkSPFi6
— Morning Joe (@Morning_Joe) January 3, 2017
If Trump wants car companies to make all their cars here, he needs to give them the proper incentive to do so by making the US more competitive when it comes to the cost of doing business. He has no right to just bully car companies like some authoritarian thug dictator. They are private businesses that can do whatever they want to do. This isn’t Venezuela.