Spoken from a true vendor company beholden to the auto companies! The vendors who get pimped on margins for their widgets and are paid whenever the auto companies get around to it! Thats right blame the electrician on the line-the union shop---LOL
There is only one thing to do (sarcasm)-lower the salaries (union/non union of every working person in the entire US! Everybody who has a job on this board, everybody in government, everybody on Wallstreet, EVERYBODY!. Then we will be more competitive and strong---LMAO!
Lets lower mean US income from the between $45.000-50,000 to $20,000. That will make everything work! Then go buy that $30,000 SUV?
Toyota just cut their production 14% across the company and lost a billion dollars-even with their non unionized, sometimes non health care employees in the South receiving less than what supposedly we want to go towards to save these pigs! Every Southern state gave these foreign auto plants hundreds millions of dollars each to come here and endless tax breaks, and upgrades to infrastructure. It totals in the billions.
Some of this is the shape of the world economy, some of it is unions, some management. Employment in the auto industry is down already pushing 50% and its not saving them!
We just dumped 350 billion into financial institutions with little strings or even the knowledge of where it went and we are obsessing over 15 billion now and 25 billion later!
When will we learn that having a vibrant capitalistic system includes people who can BUY THE CRAP! When will people learn that throwing people on the unemployment line and cutting salaries will not lead to selling cars. It will cost us twice as much bantyied about in unemployment benefits! This problem and its answers are not simple and they eminate from warped globalization. We bought into it-now pay the price!
Class warfare-pure and simple!
Kutz