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Old 11-22-2005, 01:03 PM
Overdrive Overdrive is offline
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Join Date: Jul 2004
Location: Memphis
Posts: 116
Default Re: \"What\'s good for General Motors, is good for America!\"

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That's what inevitably happens when you pay your help too much for too long.

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The funny thing is that the people working for Toyota, Honda, Nissan, and other foreign automakers in the US make just about the same per hour as the unionized UAW workers. GM would still be making money if they would MAKE SOME CARS THAT PEOPLE ACTUALLY WANTED TO BUY! Jim Cramer on mad money said GM is one of the worst managed companies in history - and while they are losing all this money the CEO and other higher ups are still making millions upon millions of dollars per year. The faliure at GM was not caused by their workers - it was caused by bad and incompetent manangement.
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