Quote:

But the defenders are not right to suggest, as many have, that Detroit has solved its wage problem. General Motors, Ford and Chrysler workers make significantly more than their counterparts at Toyota, Honda and Nissan plants in this country. Last year?s concessions by the United Automobile Workers, which mostly apply to new workers, will not change that anytime soon.

And yet the main problem facing Detroit, overwhelmingly, is not the pay gap. That?s unfortunate because fixing the pay gap would be fairly straightforward.

The real problem is that many people don?t want to buy the cars that Detroit makes. Fixing this problem won?t be nearly so easy




Cars they don't wish to buy? Then why is Toyota not going broke? I know a USA Toyota exec. They are selling less cars then in 1982 when they were far from the #1 seller in the US.

I am anti-bailout. These companies should be forced into bankruptcy. This bankruptcy = liquidation BS the UAW is spouting is complete crap.

Bottom line...the UAW is the major problem.


[LoD]Couls
Lord Bald Plums

"Judas" The new Stretch since 2010!