UAW chief says "No MOre Concessions!"

Discussion in 'Economy' started by JimH52, Nov 15, 2008.

  1. JimH52
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    JimH52 Gold Member

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  2. Annie
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    Annie Diamond Member

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    The courts will decide and usually they find in favor of creditors. The contracts would be renegotiated, probably much less favorably than if UAW had done this years back. Then again, they never were under much pressure to do so. So now they all lose. Either soon or months down after burning through billions more.
     
  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I don't see that it matters what the UAW wants at this point. Regardless of whether the big 3 get bailed out or not, they're eventually going to fail. Whether they go out completely or file for bankruptcy means that the UAW loses.
     
  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    The Boss's of the Union do not care about the workers. Never have never will. They will gladly bankrupt anyone cause they think there is a never ending supply of money on the other end. Why do you think Liberals and Unions like each other? Cause they suffer from the same delusions about money and it's availability.
     
  5. Skull Pilot
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    Skull Pilot Platinum Member

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    Fire them all and hire people who want to work.

    the unions brought down the auto makers. it's time to take them down
     
  6. PoliticalChic
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    PoliticalChic Diamond Member

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    Data should inform policy, so here are some facts that you may or not be aware of:

    The automaker will implement a two-tier wage and benefits scale for jobs that GM and the UAW have agreed are "non-core" production jobs. Those jobs are expected to include many positions in which workers do not have their hands on a vehicle in the assembly process. In addition, GM is expected to offer a targeted special attrition program to move workers in those non-core jobs off the active worker member rolls. Wages and benefits for second-tier workers will average $27 per hour, compared with the average $73 per hour of current workers, the sources said.

    Analysts estimate that foreign automakers with U.S. manufacturing operations pay an average of $20 less to $30 less per hour than GM. The costs are said to put U.S. manufacturers at a $1,500 to $2,000 disadvantage to the foreign automakers.


    GM, UAW set stage to potentially transform U.S. auto landscape | Freep.com | Detroit Free Press
     
  7. Diuretic
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    Diuretic Permanently confused

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    I thought it was poor sales that did that?
     
  8. Annie
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    Annie Diamond Member

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    When a company is paying over $70 per hour per worker, while their competitors are paying between $27-35, your competitor will be able to turn out the same vehicle at a much better price.

    Now when a company decides they will keep turning out said cars, while the competitor invests some of the labor savings into r & d, now they are turning out a better product for less money. More value=more sales.
     
  9. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Bingo!

    UAW chief says "No More Concessions!" Well that means "No More Big 3" then.
     
  10. WillowTree
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    WillowTree Diamond Member

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    yep,, poor sales, cause all the unions could produce was high priced junk.
     

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