lowtechie1

Driven to Bankruptcy

Ford and GM are typical unionized organizations which have given in to rediculous demands over the past 30 years, always caving in to union demands to ward off strikes. The fact is that auto workers get double or triple what anyone else makes for comparable work, and they get premium retirement packages, great medical benefits, and they still cry for more. The reality of American life is that when the Indian and Chinese economies gear up and start producing high quality products at their wage levels, getting a taste of capitalism, they will blow away industrial America. Boeing is headed that way soon enough, when these countries atart building aircraft for world consumption. And the American companies will be vested in them........it'll be the only way they can make money in their own area of specialization as time goes by. We have pigeon-holed ourselves into a ditch overpaying labor to produce crap for too long. Look how Detroit begged off decent MPG ratings so they could continue to produce the only vehicles that made money.......big trucks and SUV's. And recall that GM continues to pay its laid off workers for months afterwards due to union concessions. We are gonna get ours in this country. We haven't the brains to compete, norr to use logic in how our companies function. It's a sorry state of affairs, to be sure.