American workers pay recovery's price, lose livable wages
It has been a little more than a year since General Motors emerged from bankruptcy and the $1.3 billion in second-quarter profits the automaker recently recorded has elicited jubilation from the mainstream media of the “return of Detroit.” With GM preparing its Initial Public Offering (IPO) of stock this fall, it is worth reflecting on what has occurred. The past year has shown that the forced bankruptcy of GM at the hands of the Obama Administration marked only the opening shots in a new offensive against the living standards of American workers.






