ST Alpha - "I'm not even bothering with the wider economic issues here or I'd be mentioning the millions of suppliers who depend on Detroit for their jobs." (Reading a Post)

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In response to "I understand what you're saying completely, but your argument is missing the forest for the trees." by znufrii

I'm not even bothering with the wider economic issues here or I'd be mentioning the millions of suppliers who depend on Detroit for their jobs.

Posted by Will Hunting (aka JoeMetz) Dec 12 '08, 07:12

This issue is Ford, GM & Chrysler are economically doomed to fail under current situations.

Now, why could that be?

Cuz they're paying a 300-400% markup on basic jobs becuase a union threatened to strike (and shut down the companies anyhow) if they didn't pay up.

End of the day, those min-wage people are paying out into the economy cuz we all gotta eat. And here's the fun part; they're doing so and the company is saving money and doesn't need the billions in aid.

Responses:

okay, so we kick the unions out, and cut everyone's pay by 2/3rds. - znufrii Dec 12, 07:19 3
- Maybe GM and them don't need 15billion every 2-3 months to remain in business. - Will Hunting Dec 12, 07:20 2
  - so they can keep churning out trucks that nobody wants to buy? - znufrii Dec 12, 07:24 1
    - obviously they have to change that as well. -- nm - loosilu Dec 12, 07:32

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I'm not even bothering with the wider economic issues here or I'd be mentioning the millions of suppliers who depend on Detroit for their jobs.

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