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Recommend Michael Moore: Profits Are Way Up at General Motors ... So Why Aren't They Hiring? (Email)

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"If we want a life worth living for ourselves and our kids, we have to go get it ourselves. We can’t keep waiting for the cavalry to come. That’s because we’re the cavalry."

So General Motors is back to making billions in profit. And if the past is any guide, we know what that means: time for some layoffs!

Or maybe not. Back in the '80s and '90s, when GM was consistently posting giant profits, they were simultaneously firing tens of thousands of workers in my hometown of Flint and across Michigan. Right now it looks like the only person being canned is CEO Edward Whitacre. (Only last week Whitacre was saying he wasn't planning to leave anytime soon—kind of ironic that the former president of the Boy Scouts of America failed to Be Prepared.)


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