Big Three screwed themselves and America

Discussion in 'Economy' started by Chris, Jul 24, 2008.

  1. Chris
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    Chris Gold Member

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  2. CA95380
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    CA95380 USMB Member

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    Are you old enough to remember the 70's?

    American's - we never learn. :cuckoo:
     
  3. Chris
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    Chris Gold Member

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    Let's see....an unpopular war, an oil crisis, inflation, rising interest rates..........IT'S 1974 ALL OVER AGAIN!!!
     
  4. Charles_Main
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    Charles_Main AR15 Owner

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    Ahh yes, and Unions demanding 27 dollars an hour for janitors, and Double time Saturdays even when overtime is not needed had nothing to do with it right.

    As far as the trucks and SUV's, they were simply making what Americans wanted. Where they failed was in not seeing that Gas was going to sky rocket like it has in the last few years, That I'll give ya.
     
  5. jillian
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    jillian Princess Supporting Member

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    Ask yourself how much more was paid in golden parachutes than in union benefits.

    The car companies refused to try to compete..... H3, my butt....
     
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  6. Charles_Main
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    Charles_Main AR15 Owner

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    I just read a story in the Detroit Free press which says that for every dollar GM makes it spends 50 cents on paying the pensions and Health care costs of retired workers. Clearly that has some effect on how bad they are doing.

    Look I am not saying the Big 3 are not at fault, I am just saying there is plenty of blame to go around.

    I get tired of people like Kirk that think things are so simple. He acts like the Big 3 are the only ones to blame in this mess. When I see there is much more to it than that.
     
    Last edited: Jul 24, 2008
  7. dilloduck
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    dilloduck Diamond Member

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    Ignore him--he's a partisan hack who won't look at the big picture.
     
  8. Chris
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    Chris Gold Member

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    The Big 3 realized there was more profit in trucks and SUVs than cars, so they started pushing them in their ads. Then they got their lobbyists in Congress to influence the pols to drop fuel efficiency standards. Toyota, on the other hand, was thinking ahead and developing hybrids and being successful using the same American workers.
     
  9. Charles_Main
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    Charles_Main AR15 Owner

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    Not arguing with that kirk, I am simply saying that there is more to it than that. What I see as out of control unrealistic union demands plays a role to if you ask me. If you can not see that 50 cents of every dollar GM makes going out to pay Pensions and Health care of retired workers is part of their problem as well, I can't help you.
     
    Last edited: Jul 24, 2008
  10. Chris
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    Chris Gold Member

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    The big picture?

    You mean how the big oil and auto companies ignored the larger and larger share of our oil that was coming from foreign countries threatening to turn us into a third world nation?
     

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