You know I have heard this argument before...Still GM is located in this country. The money comes back home. GM has been forced by unfair globalization policies to locate plants outside of this country. Our workers can't compete with the low wage workers in third world countries. Also, the enviromental policies are much more favorable in developing countries. If you buy Japanese, the money goes to Japan. Car are assembled here for Japan-auto parts are not manufactured here (much more labor intensive). Ultimately, the money goes back to Japan-not the US. If you think that America can remain prosperous with out a manufacturing base, you are wrong. It was our well paid manufacturing jobs that helped make America great-lead to the middle class who bought the products being manufactured. This new economy will not benefit American workers.
"You know I have heard this argument before...Still GM is located in this country. The money comes back home"
Don't forget, these are publicly traded companies. The money "comes back home" to wherever any particular investor lives - and that may not be the US.