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Originally Posted by Gary Sword  I do believe in taking care of people who work for you. In order to take care of the people you have to be able to make money. As a corporation the shareholders also need to make a fair return on their investment. With all the huge losses GM has had in recent years I don't feel they're in a postion to do anything for the union workers. If they had a number of consecutive years with big profits I would feel differently. The US auto companies are in a fight for their survival. I mostly blame the top management for their problems but it does not change the fact. |
you hit the nail on the head but it should be a little more pronounced. GM was the biggest employer in the US and DID provide more than offer ample benefits to its workers. By the same token they are NOT currently in a position to do so, and unfortunately the UAW workers arent willing to turn the other cheek. They expect high wages, big benefits, guaranteed retirements, and healthcare. When the bulk of wage earners in America DONT get the same benefits anymore, even the highly educated professional.
The UAW gets to force GM and others to keep lazy, unreliable and unrealistic workers on staff at the cost of being able to hire and keep/promote/benefit the best of best specifically. Michigans economy is directly related to this and exactly why there is no real employment in the state.
I wont even get in the trade imbalance, dumping, and other manuevers the foreign car companies now receive in the US which only adds to a bleak outlook for the domestic manufacturer. GM needs to do whatever possible to revamp the company. As a stockholder, GM car owner, and having family in the industry I still believe GM must hold its head up and lower the UAW expectation to reasonable conditions.
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