The GM motors comp some(prenominal), formed in flint Michigan, provided Flint with an abundance of jobs and a seemingly secure economic environment. However, this all told changed in the untimely 1980s when GMs chairman, Roger Smith, headstrong to lay off thousands of Flint employees. As a result of Smiths decision, GM has since seen lucrative profits in overplus of eighteen billion dollars, and GM share holders have indulged in rising stock values. Although GMs go past dogs have enjoyed developed 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 formerly favourable town quickly turned into one of the least 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 study industries, the citizens of F lint 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 blast town in the 1960s and 1970s, with money from General Motors trickling down from the workers to any 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 proposal was a gravid one for his own gain. It added millions to his already soused supply of money, and for those top executives around him, the benefits were equally appealing. However, Smith failed to numerate the thousands of people who were destroyed by his relentless stride to earn... If you urgency to get a full essay, order it on our website: OrderCustomPaper.com
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