At the peak of the Great Recession in 2008, General Motors was bailed out by U.S. taxpayers and survived. Bail-out money in hand, GM sharply increased its production in China and other low-wage nations on its way to recovering its past heights of profitability. But back in Janesville, Wisconsin, GM closed its plant, costing an estimated 9,000 jobs and widespread social misery that has not abated.

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