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Originally posted by elderban
That's another 30,000 people to add to the number of jobless in America. And, with car sales down, I seriously doubt that any other car manufacturer will be able to employ these people.
Originally posted by St Udio
i do feel for these people
unless they all had their heads in the sand,
at least some of them should of been
aware that auto sales were artifically high to begin with...
the auto makers had been for years, profiting less-&-less,
and even losing monies on that 0% financing and other creative schemes.
i seen on some news site (Times? Post? ?) that the industry avg.
was presently @ $36.00 hour !, plus the benefits package.
the wise person might have salted away much more than the average
savings rate, he/she might have earmarked 10-15% of their takehome
to go into a Private IRA or ROTH acct.
i gotta think that Industry is much more cavalier about employees and their
long-term service & commitment to the Corporation...
the corp treats labor way different than when Henry Ford got the ball rollin'
i expect the fed. will sooner-than-later, have to bale out the GM pension
plan and the GM health insurance plans which will unfortunately evaporate,
[into the (well disguised) continued bonuses for the executive class]
The unions faught hard to get the GM workers what they deserve. I suppose you think walmart treats thier employes more fair. Walmarts profits were bigger than any of the auto companys and they pay thier employees $8 an hour. In the 1950's when your dad probobly bought his house 38% of america was unionized now its 8%. That 8% are mostly auto workers and auto workers are middle class. So you go ahead and work at walmart and you save your Pennies for your japaneese car and thank the GM worker working next to you.
Originally posted by Chakotay
Make it big, thirsty, tweaked with bells and whistles nobody really needs, styled like a Las Vegas cowboy-boot box, and paste on a sticker price that would have bought your Dad a house.
Then whine when nobody buys it.
If all American workers made as much money and had as many benefits as GM workers, maybe we could afford to buy these pop-art monstrosities disguised as Cars.
But we don't, so we can't- and if I had the money I'd buy Japanese (I hate visiting Mr. Goodwrench).