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DETROIT -- Higher sales from the government's Cash for Clunkers program have prompted
General Motors Co. to boost production at several of its factories, according to company and union officials.
The increases include an extra day of work at the Lordstown, Ohio, assembly plant
and increased hours at a factory in Orion Township, Mich., said the union officials, who asked not to
be identified because the announcement, expected Tuesday afternoon, had not been made.
What will they do when our tax money stops buying their cars again?
My suggestion would be to do what the Regan administration did, which is give companies an Investment Tax Credit and perhaps allow companies to engage in accelerated deprecation methods. Let me know if you want to know what i mean??
This is a good thing! Increased production means more work for employees which means more wages. Increased wages increases the tax base by increased revenue from income tax and sales tax.
Way to go Obama!!
Even the stock markets are up today!
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