Most companies have pension plans for management so why not share the wealth with the worker?
Most companies
do not have pension plans for management. Again, the US is bigger than Michigan. Maybe its the lack of perspective that keeps you from seeing the many fallacies you propose here.
Bring out the stupid sign and wear it so proudly!
Part of my job is industrial engineering... you know, the guys who look at jobs, break them into their fundamental elements, and evaluate the effectiveness of the job design and costs.
Wear your own stupid sign if you think that there are no inefficiencies and lack of effort at GM from UAW workers.
Where are they paying people not too work?
Each and every time a worker does not engage in value added or cost reducing work.
Don’t make such inane statements if you don’t have proof or AT LEAST some reasonable argument for it.
You live apparently in a closed little world. You act as if you have neither seen nor studied the larger picture or broader industries. I have... so when I disagree with you, you insult my intelligence... and person.
FTR, I am well educated, have 20 years of professional management experience in three different mfg industries. I have visited and studied places as diverse as USPS bulk mail distributors and German heavy parts foundaries. My IQ is about 140 and my abstract reasoning is in the top 10 percentile.
IOW's, you can now dispense with the "stupid" comments. At worst, I may be ignorant of your isolated case in some respects.
You have no idea what we pay a union for so let’s not even get into that discussion!
That is a very true statement... I have no idea what anyone would pay a union for... especially one that quite obviously isn't representing your interests very well at GM.
Retirement funds are not a drag on the economy. It is money that the public does not have pay too. These people will not be living off of the government
Now THAT is a stupid comment. Just because gov't doesn't collect money doesn't mean it isn't collect from the public.
Retirement plans that are capital based help the economy. Retirement funds that deplete a companies capital base hurt the economy. That is a pretty simple concept. Liberals for years argued that wealth distribution helps the economy... but when money is distributed to and spent by someone who didn't make a contribution to the economy... the net effect is negative.
but their pensions……..sheeesssshhh you will say anything, true or not to make you pt!
Oh... so now if I disagree with you I am not only stupid but a liar as well. You need to get a grip on your ego.
Do you realize that when the market went down that a lot of people who had their pensions in the stock market lost hundreds of thousands of dollars.
Yes. I lost money... that has now been made up. It is the nature of the market... and the responsibility of free individuals to bear their own risks rather than expecting others to insulate them from risk.
Ever heard of Environ or Kmart. Let me clue you in, it’s not going to get better. That’s reality!
Do you mean "Enron"? If so, yes. Poorly managed companies were not properly monitored by the federal agencies responsible for doing so... pretty much a snap shot of the Clinton years.
And I have no doubt we will, however the union at least has the ability to make the company open the books and prove their case.GM has lied to its workers over and over again. That’s another pt. if you treat your employee’s fair you won’t need or get a union.
You are making an excellent case against bailing GM out.
The union has been voted against in most Toyota and Honda plants. People are happy with the treatment of the company.
And, coming from the south, many people trust the unions less than the companies... and still have a spirit of independence and personal responsibility about them.
Unions aren't popular where I come from since people are wisely suspicious of people who want us to surrender our personal rights.
Auto workers are not considered millionaires or the rich. We make 65000 a year unless working overtime.
This is higher than the average manager's salary in the print industry. It is simply too much for the work that is being done. The responsibility and skill level of a line worker in your plant is simply not greater than someone who is responsible for managing quality, machinery, 50-200 people, HR, environmental law, business law, etc, etc, etc. Sorry. It just ain't.
That is a fair wage I think. However it is not what I think but what the market has allowed.
The market hasn't allowed it and now isn't allowing it. Those kinds of inflated wages are a direct cause of moving work to Mexico. Further, the union monopoly has foisted that rate on the car companies... the market did not determine it. Extortion did.
Maybe you prefer that we all made 5.00 an hour. I mean the rich could buy those things
No. Frankly, I think you wage should line up better (as the market would determine) with comparable jobs in other industries where unions haven't driven labor costs through the roof. As a result, I would like to see those making $40K per year to do a comparable job have more disposable income and less debt so they can buy boats, snowmobiles, and take their family out to dinner.
If you think that makes me "envious" then so be it. I simply think it is a fair, market driven value for reasonably comparable jobs to be paid within range of each other.