Re: Hamish on Delphi
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Given the line of business, lets say an "average worker" is making auto parts in a plant in Michigan.
$65/hour * 40 hours/week = $2600/week
$2600/week * 52 weeks/year = $135,200 / year
Yes, that seems excessive.
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So, as I suspected, you have no idea what the average worker does. And you have no idea what the benefits are, so you have no idea what the real wages were. The management of GM and Delphi apparently did not believe the wages were excessive. But you know better, right? I'm sure you do. [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/smirk.gif[/img]
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When the average worker in China will do it for around $10 a day, the value of the American worker is greatly inflated.
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