Laid off for Christmas

How the west was Lost?

GM announced Monday that it will be lying off 30,000 employees to recuperate from this years profit losses, and already the mud-slinging has begun. http://abcnews.go.com/US/wireStory?id=1333188&page=1 Those on the left have accused GM of using this maneuver to fatten its execs wallets, while those on the right have retorted that GM doesn't have any responsibility to provide indefinite employment. So who has more ground in this argument? I'll give you a hint; it's not the left or the right.

Yes, GM is experiencing lower demand for their vehicles, and yes again, reducing the number of vehicles produced does mean that you will need to reduce the number of people making said vehicles. However, this is not an anomaly, and laying off workers and eventually moving your operations “over seas” have become the number one business trend in the U.S. And it's no longer just affecting the manufacturing sector; it's spreading like plague into higher paying jobs, such as computer programming, too.

Return tomorrow for what this trend spells for U.S. economy, and what I propose as a solution. (It may just be my opinion, but at least I don't just complain endlessly about it.)