$27 an hour!!!! And they wonder why they have a problem.

Discussion in 'Economy' started by Angel Heart, Nov 18, 2008.

  1. Angel Heart
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    Angel Heart Conservative Hippie

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  2. Andrew2382
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    Andrew2382 Gold Member

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    GM pays their employyes an average of 73 bucks an hour while foriegn companies are aroudn 42 bucks
     
  3. editec
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    editec Mr. Forgot-it-All

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    That $73 includes health care and benefits, of course.

    So when those plants go down, then the American taxpayers will be paying for their health care.

    Big improvement, eh?
     
  4. Shogun
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    Shogun Free: Mudholes Stomped

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    oh yea.. it's the cost to labor (the solid middle class) rather than stupid SUV mistakes for the last 8years.. sure... Hey, why don't we whittle down all employment so that all the fucking peons who don't won a mulitnational conglomerate can be happy making 2 dollars an hour. I mean, we can always blame Obama if the economy tanks since we are quick to disregard plummeting American standards of living as long as there is a semi-slave in china to make shit that our middle class might *GASP* require an AMERICAN living standard to produce...


    clearly we can BUY MORE when we are making the same wages as some former beggar from fucking calcutta! Nothing says "solid middle class" quite like normaliziing wages with that of a fucking mexican barrio!
     
    Last edited: Nov 18, 2008
  5. Angel Heart
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    Angel Heart Conservative Hippie

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    Brake the union... Bring wages under control... Yeah people will bitch but it's that or no job at all. It's the only way. Or we will see Detroit owned by companies from other countries. You think they will just leave working factories empty? Not likely. Toyota, Honda, KIA... One of them will step in and buy up the cheep property. Open up with no union and lower costing cars.

    I'm fine with bailing them out if they brake the union. If we give them money with the union still in place, they will be asking us for help again.
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    Obama's health insurance plan isn't going through until 2010, 2011.
     
  7. Gem
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    Gem BANNED

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    So we bail them out....they continue doing what they have been doing...and in a number of years we're bailing them out again because, for one reason or another, Americans do not want to buy their products.

    So do we refuse to bail them out now and let them do what most businesses have to do - restructure, merge, go out of business, etc. Which will undoubtedly cause pain and suffering to employees.

    Or, do we bail them out...and let them continue to make subpar product at above par costs that no one really seems to want....and then do it again later...which will undoubtedly cause pain and suffering to the taxpayers?

    And, of course, we can stipulate that our "bailout" comes with mandatory changes and restructuring...but we all see how well the oversight on the current bailout is going...I just don't buy it.
     
  8. Andrew2382
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    Andrew2382 Gold Member

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    So according to you GM paying almost double their employees comapreed to every other company who is amking a proft has NOTHING to do with the problems they are facing?
     
  9. Andrew2382
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    Andrew2382 Gold Member

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    I am against bail outs, but if th ebig 3 goes down you lose more then the employees of the big 3. You lose the tens of thousands of distributors that do business with them
     
  10. DavidS
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    DavidS Anti-Tea Party Member

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    Years? No, not years. Months. $25 billion is for all 3 auto companies. Even if the $25 were to go to GM alone, it won't help them. They're spending $7 billion a month and I doubt GM sales are going to spike this month. In fact, by mid December, we'll probably find out auto sales have plummeted so fast GM will have no choice but declare bankruptcy by year's end. There will be no GM bailout.
     

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