Wednesday, December 10, 2008

re Auto Industry

When did union-bashing become so popular??  Even CNN is in on it.  (would include image but blogger is not working).  What ever happened to showing some love to "the people that brought you the weekend"??

First of all, this $73 per hour figure is misleading.  More importantly, it's pure nonsense to suggest that labor is the cause of Ford, GM, and Chrysler's problems.  It's because they made cars people don't want.  Case in point - compare unsold inventory levels.  Sales across the board are down, of course, but it is telling that Toyota has unsold inventory of 80 to 90 days compared with the Detroit average (Ford, GM, Chrysler) of 115 days.

Also - shout OUT to the workers at Republic Windows and Doors!

No comments: