There's no reason why the workers should have to pay for the errors caused by irresponsible capitalists. If the capitalists can't handle running the show then give them the boot.
The error was paying them so much that the company was uncompetitive. If they want to keep their jobs they'll take a pay cut.
I'd rather see the union busted than the automakers.
The blue collar guy loses again.
There's plenty of blame to pass around, but I certainly wouldn't put the unions at the top of the list. Nary a bitch I've hear about the executives and CEOs of the NA big 3 who collected millions upon millions of dollars of salary and bonuses for doing the absolute worse job imaginable. If the workers were making them that poor, how do you explain this bonus trough?
... because the unions didnt agree to concessions.Funny how the unions get the blame here, when in fact it was the Republicans that killed the deal...
Strawman much? Where did I suggest any of this? Competing companies have their factories located in America and hire American workers to make their cars.Yeah, and then they should move to East Asia and take another one. Maybe they should sacrifice all of their benefits as well. Oh, and get rid of the 8 hour work day, that's hurting production.:roll:
They're paying more than the full value of their labor. That's the main reason they're failing.If the capitalists can't handle paying the workers the full value of their labour then perhaps they shouldn't be in control.
The part your missing here is that the 'full value of their labor' is measured by the market, not the people getting paid.If the capitalists can't handle paying the workers the full value of their labour then perhaps they shouldn't be in control.
The part your missing here is that the 'full value of their labor' is measured by the market, not the people getting paid.
If someone will do the same work for $5/hr, then the "full value" of the work is NOT the $35/hr the unions/workers expect.
And, if the union holds out for that $35/hr, they have no one to blame but themselves when the jobs go to the people working for $5/hr
Fantasy:They do that in China.
Hey, I bet if they started paying US workers $5 an hour, you will be able to find replacements who'll do it for $2. Particularly, the poorer areas. Cool how that works.
Oh, but don't forget the executive multi-million bonuses for devising such a shrewd business plan!
They're paying more than the full value of their labor. That's the main reason they're failing.
The part your missing here is that the 'full value of their labor' is measured by the market, not the people getting paid.
If someone will do the same work for $5/hr, then the "full value" of the work is NOT the $35/hr the unions/workers expect.
And, if the union holds out for that $35/hr, they have no one to blame but themselves when the jobs go to the people working for $5/hr
You dont have to like it, but you DO need to accept the fact that competition lowers price and increases quality and prodictivity, and this fact applies to labor as much as anything/everything else.
If that was the case then they wouldn't be paying their CEO's and upper-level executives millions of dollars.
Are you trying to assert that the work of someone on an assembly line is as important as the work of a CEO?
You can whne about the CEOs and capitalists all you want - it doesnt in any way address the validity of what I said -- in a global market, unions do not dictate 'fair value', the global market itself does.If that was the case then they wouldn't be paying their CEO's and upper-level executives millions of dollars.
Welcome to reality.Workers compete because they are put in a position where they must do so to survive.
Fantasy:
Unions can artificially inflate the price of labor regardless of the global labor market
Reality:
The global labor market decides the 'fair value' of labor.
You dont have to like it, but you DO need to accept the fact that competition lowers price and increases quality and prodictivity, and this fact applies to labor as much as anything/everything else.
No, I am asserting that the work of someone on an assembly line is fundamentally necessary whereas the work of a CEO is fundamentally unnecessary.
The part your missing here is that the 'full value of their labor' is measured by the market, not the people getting paid.
If someone will do the same work for $5/hr, then the "full value" of the work is NOT the $35/hr the unions/workers expect.
And, if the union holds out for that $35/hr, they have no one to blame but themselves when the jobs go to the people working for $5/hr
How much per hour does Toyota pay their American employees comapred to Ford and/or GM?
Beats me. How much?How much per hour does Toyota pay their American employees comapred to Ford and/or GM?
Wonder all you want.....I read this and wondered if your opinion is consistent when it comes to the work illegals do.
Are you trying to assert that the work of someone on an assembly line is as important as the work of a CEO?
Beats me. How much?
They are if someone pays them that much.Are they worth the millions upon million of dollar bonuses awarded to themselves for the stellar job they've been doing?
Could be any number of reasons.I don't know. But they're still a healthy company, even in these economic times. If they pay their American workers the same, how could that be?
Are they worth the millions upon million of dollar bonuses awarded to themselves for the stellar job they've been doing? There seems to be no control of their trough, as they are "the deciders." Shoot, I want a job that will award me a big-assed bonus for doing a crappy job.
Which is completely false. They aren't getting paid beaucoup bucks for no reason.
They are if someone pays them that much.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?