You've been brainwashed dummy
If Unions Are Breaking Automakers, Why Are BMW and Mercedes So Rich?
In Germany, auto workers get paid well and their companies still profit. Author Thom Hartmann on why living wages and corporate success don't have to be mutually exclusive.
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Actually, Germany paid their autoworkers about $67 an hour (including wages and benefits). But the United States paid its average worker only $33 an hour (also including wages and benefits). On top of that, German car manufacturers were highly profitable, despite the comparatively large paychecks of their workers. BMW earned a before-tax profit of 3.8 billion euros, and Mercedes-Benz hauled in profits of 4.6 billion euros.
So how did Germany just completely blow up the myth that car companies have to pay their workers less to be more profitable and manufacture more cars? How can Germany do the opposite: pay their workers more, be more profitable, and make more cars?
The answer: democracy.
Like I said. In 1999, 1998, 1997, Ford and GM had record profits and paid record profit sharing. Suddenly George Bush gets into office and during a recession Republicans wage war on union workers. As if the recession was their fault. When things were good (under Clinton) there was no problem just like in Germany today.