Political Quotes

On the recordJune 25, 2018
Mr. President, last Friday was a dark day for American workers and a dark day for the American auto industry. On the very same day that General Motors laid off the entire second shift at the historic Lordstown plant in the Mahoning Valley in Northeast Ohio, we got word that GM plans to build its new Chevy Blazer in Mexico. That is right--the company bypasses American workers, lays off an entire shift, and sends more jobs to Mexico. All this comes on the heels of the windfall GM got from the tax bill Congress passed last year. GM now can bring some $7 billion in overseas cash back to the United States at a dramatically lower tax rate, they can immediately deduct the cost of any new investments in plants and equipment, and their overall corporate tax rate dropped by about one-third. They could use that extra cash to invest in Lordstown, to build more cars in America, but what do they do instead? They lay off 1,500 workers--1,500 Ohio workers, 1,500 families affected--in Niles, Ravenna, Kent, Reminderville, Youngstown, Girard, Lordstown, and all over the Mahoney Valley and beyond. That is just a year after they laid off the third shift--more than 1,000 workers--at the same plant. They have some nerve. The workers at this plant are among the best in the world. The car they make, the Chevy Cruze, beat out the foreign competition in its class last year. For the 2018 models, J.D. Power and Associates named the Cruze among the top two cars in its class.…

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