A $1 billion investment is directly tied to "creating or retaining 1,500" jobs, which means that while there won't be 1,500 all new jobs created, there also won't be jobs lost, something we heard a lot about back in the darkest days of 2008 and 2009. GM said over 5,000 new jobs will be added at GM Financial, and in advanced technology and engineering. While a billion dollars is a lot of money to you and me, these numbers are typical of production investments a company such as General Motors and Hyundai would make. The AutoAlliance estimates that every automotive job creates nearly 7 new jobs in the community, including retail and trades jobs, and of course every new car sold generates thousands in sales taxes for states. Regardless of the timing, the inauguration, the motivation, or other exogenous factors, these will be real jobs for real Americans and will have tangible, positive impact on the individuals and communities being employed.

Source: Forbes January 17, 2017 16:35 UTC