Republican Senator Admits Opposition to Auto Bill is All About
Why were Wall Street workers not asked for concessions?
Autoworkers stepped up to the plate to save the car industry. White-
collar workers, on the other hand, weren't expected to do the same
when financial firms went to Congress with hat in hand.
Its all those damn workers fault for trying to get pay raises and
crazy thing called "health care.
Its like this sport, nobody making $5.50/hr can afford to buy a car built by
assembly line workers that are making $75/hr. Either the Big 3 file
bankruptcy, dump the UAW, and then adopt the same wage scale and business
plan as Toyota, or they will go under.
Steve you act like the auto worker sees 75 an hour. They do not make
that much. They make 26 something for the old guys and new hires get
14 something. It may cost 75 an hour but that include jets and yachts
and billion dollar bonuses.
Nobody making 5.50 an hour or 14 for that matter, can afford to buy
any new car regardless of who makes it. All the car makers have
posted record low sales even the forien car makers that employ the low
wage forien in the south.
A family man who has kids and a stay at home wife with a mortgage
making 14 an hour is not likely to go out and buy a new car whether
its a lexus or a cobalt.
You need at least both parents working full time. leave the kids in
day care for a stranger to raise and then maybe, if there lucky they
can buy a new car. Meanwhile the kids are running rampant and getting
stupider by the day doomed for more low wage non union work courtesy
of union bashing morons.
Its not rocket science, if people don't make a certain amount they
cant do more than survive let alone buy a new car. Any new car. low
wage service shit jobs don't cut it.
Wages are based on a national average for the better jobs and the
higher the average the better off everyone is.
Low wages = less purchases= company failures = higher unemployment less purchasers = less sold = more companies belly up = continual
downward spiral. Which is what we have now.
Henry Ford had the idea that he needed to pay his workers enough to
purchase what they made. That's why he succeeded. Not because he
wanted to fuck the working man to tears and rake in big bucks.
They would deserve to go under otherwise.... Detroit is depending on The
Government to consider them to be part of the National Security
Industries and to automatically bail them out, no matter what.
Such arrogance should be rewarded with all the top dogs replaced with no
parachutes and actual fines for malfeasance. When the top dogs finally
get the message and hitch hike to Washington with a real plan...Then and
only then should the Taxpayers pitch in to help. And as a loan only!
With homes and private executive holdings along with business assets at
jeopardy. A real executive would step up to the plate for this!
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