04-10-2009, 09:21 PM
Doc wrote:
[quote=weapon]
Gm needs to go into (and will) bankruptcy so they can break the union.
You cannot be competitive in todays market paying $70/hour plus healthcare and full lifetime pensions for someone who rivits a door handle all day.
That's been debunked. Line-workers average under $40k.
I believe what was stated was a bit mis-interpreted. It was recently reported that it COSTS GM $70/hr. on average for each worker's pay AND benefit package. (The cost of an employee to the company isn't only in their salary.)
I too believe that forcing the auto companies into bankruptcy and busting the unions is the only way to fix them. Can't remain globally competitive when you're paying employees 2x-3x as much as anyone else doing the same job elsewhere in the world.