Texans irked about lawmakers spending $25M to woo F1 while teachers are dismissed

Filed under: Motorsports

circuit of the americas

Texas motorsports enthusiasts are no doubt excited about the Circuit of the Americas. Formula One racing, along with MotoGP, will have a new home in Austin, and the United States Grand Prix is sure to attract fans and fan money. Some, however, are not thrilled at the spending decisions being made by Texan lawmakers, as they apparently feel though the money being spent to bring racing to the state could otherwise be used to help teachers keep their jobs.

How much has Texas pledged to bring F1 racing to Austin? According to Bloomberg, Texas Comptroller Susan Combs has signed off to shell out $25 million per year through 2022. That’s a massive chunk of change, and some are not too thrilled at this idea as at the same time, 100,000 teachers could be losing their jobs.

That $25 million per year figure would not be enough to save 100,000 jobs. However, it could save the jobs of 500 teachers earning $48,000 per year. While CotA is bound to bring serious tourist and racing-fan money to the Austin area, should Texas be spending $25 million when teachers across the state are likely to find themselves out of work soon? Have your say in Comments.

Texans irked about lawmakers spending $25M to woo F1 while teachers are dismissed originally appeared on Autoblog on Thu, 12 May 2011 13:01:00 EST. Please see our terms for use of feeds.

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Saab moves to rehire dismissed workers after summer break; one-in-three refuse

Filed under: Plants/Manufacturing, GM, Saab

When General Motors was on the precipice of dropping Saab forever, we imagine that the good workers of Trollhättan, Sweden were more than a little nervous. After all, how many high-paying jobs are there there in Scandanavia in the middle of a global recession? Well, it turns out that there may be quite a few jobs available if you consider the high volume of workers who reportedly turned down an offer to come back to work at Saab.

Sweden’s SVT reports that as many as one-in-three laid off Saab workers turned down offers to come back to work in factory jobs for the company. Håkan Skött, Metallklubbens chairman at Saab in Trollhättan reportedly told SVT that up to 30 percent of the workers got new jobs or invested in training, adding “it’s really nice that people have found other solutions.” it’s also good that Saab was still able to rehire 224 workers to help edge up vehicle production from a reported 28 units per hour to a max speed of 39 vehicles in any 60 minute period. The added workers will increase annual production to 60,000 units in total, and the company will need to hire still more workers if it plans to increase production more through a second shift.

[Source: SVT via Saabs United | Image: Fabrice Coffrini/AFP/Getty]

Saab moves to rehire dismissed workers after summer break; one-in-three refuse originally appeared on Autoblog on Wed, 18 Aug 2010 18:28:00 EST. Please see our terms for use of feeds.

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