Flint Michigan Controversy: GM Lays of Thousands of Workers

The GM motors company, founded in Flint Michigan, provided Flint with an abundance of jobs and a seemingly secure economic environment. However, this all changed in the early 1980's when GM's chairman, Roger Smith, decided to lay off thousands of Flint employees. As a result of Smith's decision, GM has since seen lucrative profits in excess of eighteen billion dollars, and GM share holders have indulged in rising stock values. Although GM's top dogs have enjoyed substantial economic benefits from this decision, the town of Flint has been devastated. Flint's dependency on GM backfired a…