General (Electric) Motors

May 18th, 2011 at 3:45 pm

Where, you ask, are all the jobs we need going to come from?

It’s a critical question that I plan to blog about in coming weeks. But for now, let me relate a good story I heard on the radio this AM.

General Motors is breaking ground on a new factory in Maryland where they’re going to make motors for electric cars. According to the clip, it’s “the first facility in the United States that will both produce electric motors and be backed by a major automaker…”

I liked the story because it combines manufacturing jobs, green tech, and it’s a continuing testament to one of the underappreciated accomplishments of the Obama administration: the preservation of the big two auto companies.  (Full disclosure: I served on the White House Autos Taskforce.)

You’d be hard-pressed to find a policy intervention that did as much good yet engendered so much disdain. I recall polls where people viewed the auto bailouts less favorably than the TARP. So forgive me if I’m still compelled to tout success stories like this one.

Now, we need to see a lot more new plants like this breaking ground right here in the good old USofA.

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One comment in reply to "General (Electric) Motors"

  1. Carol says:

    It lovely that GM is doing so well. But can you explain why they’re building the factory in MD where the unemployment rate was 7% in January rather than MI, GM’s home turf, where the March UR was 11%?