Thursday, December 4, 2008

Big Three Bail Out. . .

Simple answer - as long as you don't break the unions and start paying a reasonable wage for the work they do, no bail out. How can you pay folks full pay in a "job pool" instead of lay offs when a plant is closed? How can you pay $75/hr to turn a wrench on the line. . . Why do the foreign car companies pay their employees about half of what the big three do. . . Unions are killing them and us. . . .

Until this is fixed I can't see bailing them out and I always buy American cars. . . . they need to get back into the real world or we need to let them fail. . . . .

UPDATE
Saw a bit on the news saying that they only make $25/hour while all the "foreign" car makers in the US pay $15/hour on average. This is still the problem. Think how much that $10 adds up to . . . 10 x Hours/day x Employees working = HUGE NUMBER that they need to pay out. . .

I still say no bail out without the Union being broken or at leased reduced in power so the company can compete. . .

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