They did a article about that in the Chicago sun times some time back and the UAW came back and said the UAW employees get a hourly rate with no bonuses and the foreign companys pay a less hourly rate with monthly bonusses which come out to or more than a UAW employeeI know they can all apply at the Toyota-metropolis out near Greensburg. Oh wait, I think they only pay $14.75 to $21.00 per hour. Sorry I thought I was being helpful.....
Lets see $14.75 to $21.00 per hour equals, Hmmmmm #1 selling automobile company in America. I don't get it ?????
Hmmmmm #1 selling automobile company in America. I don't get it ?????
They did a article about that in the Chicago sun times some time back and the UAW came back and said the UAW employees get a hourly rate with no bonuses and the foreign companys pay a less hourly rate with monthly bonusses which come out to or more than a UAW employee
There are alot of good and bad points from all the comments but no one ever bought up the Pay of these CEO of GM and what he makes and the bonuses he gets....If these companies stopped paying the CEO's hundred of millions of dollars they could afford to put alot more people to work...Im looking for more recent earnings but this is all thats shown....
GM CEO Rick Wagoner earned $9.3 million in salary and bonus in 2006, nearly double what he earned in 2005.
Chrysler's new CEO, Bob Nardelli, became a symbol of corporate excess when he left Home Depot early this year with a $210 million severance package. Ford's new CEO, Alan Mulally, got $27.8 million in salary and bonus in his first few months on the job, including an $18.5 million signing bonus
At Honda, the top 21 earned $11.1 million, combined, in salary and bonuses, SEC filings show. Thats for 21 people not 1 as the U.S comapnies
I have been following this as well. A sad day indeed.
I failed to notice the grocery stores offering to cut these families bill in half,
I failed to notice the utility companies offering to cut their bills in half,
I missed the article offering a them lower property taxes on their current homes provided they continued to work for half the wage.
I won't be a slave to any employer, cut my wages in half,
give me two checks and a road map.
Credit expansion. In the last 30 - 40 years, the rules for consumer credit have changed drastically, allowing sticker prices on expensive goods like cars to skyrocket under the promise of "low monthly payments".3) If the cost of labor has been so extreme then why have car prices in a lot of cases either stayed the same or even went up while labor levels have been cut?
U sound like a guy who 1... couldnt get a union Job that you appllied for or 2...Have lost your job due to the union not sticking up for youThat's because only union rats are jealous of other people and what they make, and because most people on here are capable of basic math.
So let's take Rick Wagoner. Round his pay to $10 million per year. at $100K per employee, if he got paid nothing you could here 100 employees. Wow, that's a huge deal. So you would trade one of 50 guys in the world capable of running a company the size of GM for another $7800 in monthly union dues? I'd say he was a bargain.
Do you think any of the guys you mentioned go out and hit the cronic and down some 40s during lunch, then go back to work and just sit in their office and have sex with their secretary?
The myth about unions is that they care about workers. They care about union dues. They don't want to make workers more skilled. They don't want to make them more valuable. They want a lot of stupid workers who pay insane dues and don't question union leadership. If the union cared about workers they would push for technologies that make workers more efficient and the creation of new industries and companies so that more smarter and more valuable workers could get higher paying jobs. Instead they hire scabs to picket job sites and Walmart while displaying contempt for capitalism and its successful participants. Screw unions.
Head north. I hear Detroit's got a lot of similarly minded folk. You should fit in nicely.
Credit expansion. In the last 30 - 40 years, the rules for consumer credit have changed drastically, allowing sticker prices on expensive goods like cars to skyrocket under the promise of "low monthly payments".
For hours and hours and hours of ranting about this, go to DaveRamsey.com.
yep.
i think a lot of people just think .... "oh i make $80K a year so i can go and buy a huge house with 4 cars because i can "afford" the payment"
well in todays ecconomy thats stupid thinking. no job is safe. plan as if you will be only making $10 an hour tomorrow, and then you wont get in a bind on your mortgage or payments by overstretching yourself.
My wife works at a good job, and I have a good job. but im looking to get out of what I do real soon, and there is no job around that will pay me what I make, so I have planned my style of life always knowing I wouldnt do this for the rest of my life. I pay cash for everything and stick to my budget. buying today and paying for it tomorrow will only get you into trouble eventuly. I dont care if you only make $8 an hour, you CAN live without going into debt. it just takes dicipline. dont buy a happy meal, if you can only afford peanut butter sandwiches. if you eat enough peanut butter then you will eventualy be able to move to big macs once you get on your feet. That is my deffinition of the American dream. always strive for one step up the next year, and that is true success. patience and dicipline are key. ok, im off the soap box.
Credit expansion. In the last 30 - 40 years, the rules for consumer credit have changed drastically, allowing sticker prices on expensive goods like cars to skyrocket under the promise of "low monthly payments".
For hours and hours and hours of ranting about this, go to DaveRamsey.com.
You are spot on here but its not the way America wants to live. I would love a large home in the country but I can't afford it. I live in a smaller 2 bedroom which I own outright and the bank can't take away. If a lot of people lived closer to the wage they make then a lot of these problems would not be going on. Unfortunately, the leaders of our country keep preaching to people that they need to spend!!!