07-06-2009, 06:15 PM
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#30 (permalink)
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A True Z Fanatic
Join Date: Apr 2009
Location: Sacramento, CA
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Quote:
Originally Posted by tstrick9
The union didnt hustle anybody, what they got was bargained for and agreed to by highly compensated executives. It is as if some people think that these labor contracts were just dropped from above and in final form. Additionally, the main escalator of expenses for the US car manufactures is and has been health care, for actives and retirees, whereas both Japanese and German companies are relieved of large portions of similar obligations by their respective governments...so not really a level playing field from that perspective.
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No.. but its the fact that American unions make the companies pay for the retired folk in the form of pensions and the like - so when a whole bunch of old dudes want their cash for sitting at home and farting up a storm - the factories start closing down - classic American negligence which turned around to shoot the companies in their own faces.
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