Hey, Franco--How much time did you ever spend working on the floor of an auto plant? Just for sH@*S and giggles, take a job at a starter job like mounting the wheels on a chassis for a 12 by 7 shift for the next year. Then come back and see if you don't appreciate every dime the UAW and the Company bargained for you.
The UAW helped destroy Chrysler and GM....deny that, Sarge....
What you fail to realize is that the world is not fair, the Dems can't make it fair and the automakers have been over-paying and over-compensating thier workers. If it is management's fault, then the UAW workers can go a work somewhere else! Their wages and benefits are not my responsibility nor the responsibility of the American tax payer.
Blackstone pretty well covered the waterfront on what killed the GM and Chrysler in another thread.
There is no single thing or group that brought those companies down. Corporate arrogance, shoddy design, Roll-it-out-the-door-fix-it-later product development (remember the Chevy Citation and Vega?). Japanese competion and quality standards, auto magazine chic, German corporate culture, etc., etc.... You can even point to the decline of the number of workers raised in an urban background. Farm labor initially provided the car companies with a dedicated work force. (Oldsmobile was noted for its quality at one time because it was the most rural of the producers.)
Remember the Cadillacs built with Chevette transmissions? If a customer lays out a good portion of his budget, he will remember it a long time if his Cordoba keeps blowing computer chips or his Volare kills in an intersection. That you can't lay that on the UAW.
Well, Franco I'm not telling you where to work but if you want to pontificate of the evils of the UAW and the "weakness" of the management, then you might try getting your knowledge first hand instead of being spoon fed by the Chamber or flying on Texas thought.
Here you are, setting yourself up as the pay czar for an industry you know little about. All you know they are "paid too much". By what standard does Czardom say is too much? What about productivity and skill? Not that important, eh?
Why can't you admit that the failed Bush economic policies were the cause of America going into recession and almost into a depression?
I've opposed the bailouts from the get-go. If GM or any other business can't turn a profit, then bye - bye. Government ownership is not only unAmerican, it is also unfair to those businesses trying to survive without having to be bailed out.
The point of this thread is that GM is continuing in their bad businesses practices and we the tax payers have to pay for thier folly.
Obvioulsy, you are not a business person and that is fine. Not everyone is suited to that task and are much better off as a saleried employee.
Is it possible this economy would have corrected itself without any government intervention, sure it is. Of course there was going to be a lot more suffering by average working class citizens in the meantime. Some economists contend the Great Depression would have eventually corrected itself. It might have, but it’s hard to wait for that to happen when you are out of work, homeless, and your family is hungry. It took Roosevelt’s “New Deal” to offer some relief from the depression, and a war to finally end it.
The problem with GM is that you have poor workmenship producing a shoddy product along with poor management. If consumers liked the GM product, they wouldn't have such a hard time selling thier product. Mangement and labor is in this together and they didn't deserve a bailout.
The underlying economy was strong. The current administration will destroy that with thier economic suicide policies. We should have never bailed out the banks and certainly not the underachieving GM!
From thier demise, given a free market, other business would have emerged with better products and mangement.
Government has no place taking ownership in the private sector as they will only make it worse!
No business is too big to fail and our biggest failure is our big government.