"American unions just won't come to grips with the fact that there are millions and millions of foreign workers that are willing and able to do work for $3/hr that their members are getting $30/hr (plus benefits) for."
I think it's wise to lay all the blame for this at the feet of the rank and file worker, and the union.
We wouldn't want to follow Henry Ford's model and actually pay people enough so that they could afford to buy what they make. That's silly. What an idiot Ford was, definately not a real conservative.
We all know that the executives at GM have to take those huge salaries without any connection to performance because they can't count on the workers. We also know that the design direction was laid out by the union. The workers wouldn't build Camaro or Firebird anymore, so they had to drop them. Meanwhile Ford is doing quite well with Mustang. (Must be renegades over at Ford). And everyone knows American workers are too stupid and lazy to build a decent car, have you driven a, (Marysville, Ohio), Honda lately?
Yep, let's hope GM just shuts down, and we get rid of all those nasty $40k a year jobs. Those unemployed people won't vote, and even if they do, they surely won't vote Democrat. And even if the Democrats are elected, they won't raise our taxes to pay for benefits they give those who elected them and are now making $4/hr at Arby's versus $40k a year at GM.
God forbid we should actually care about anyone who lives in the US more than anyone else. That's Socialism for cryin' out loud. (Not Nationalism, unless we're talking defense, then Nationalism isn't Socialism.)
Yep. Let's get them all unemployed, it worked for England didn't it?
There is NO easy answer. Everyone will have to understand that US products, even those made by labors making minimum wage, will be more expensive that products made in china. I don't see that happening.
Actually it did. A lot of heavily unionised, unprofitable industries were destroyed under Margaret Thatcher. Did us the world of good :0)
You can't be seriously suggesting that GM's labor is underpaid, can you? UAW are overpaid. Also, even if you cut the exectives' pay to $1 per year, it wouldn't make a dent in GM's pension and payroll obligations.