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Millionaire wants autoworkers to make under poverty wages

D

dmcowen674

No Lifer
Millionaire wants autoworkers to make under poverty wages

At least he is open about his hate for America and American workers.

This is disturbing that he is clearly a Republican working in the Democrat ranks.

Just another step towards revolution.

Anyone actually believe everything we have been seeing especially the last three years not lead to full out revolution?

12-17-2011

http://autos.yahoo.com/blogs/motoramic/why-millionaire-wants-autoworkers-pay-cut-160603932.html

The former head of the Obama administration's auto task force says he should have pushed the United Auto Workers for steeper sacrifices in the General Motors bailout, including wage cuts.

The people earning $9 a hour in a suburban Detroit GM plant would disagree.

$9 an hour with no health care, a rate which over a year's work would leave them below the poverty level for a family of four.

500 or so UAW workers are paid about $16 an hour — a rate, adjusted for inflation, equal to the famed $5 a day Henry Ford started paying his workers in 1914.

GM's North American arm posted operating profits of $5.7 billion in the past nine months, on which it will pay little to no federal income tax thanks to a law passed during the bailout preserving tax credits from the years when it bled money.

The UAW wants to move tier two workers up in the coming years, while all three Detroit automakers expect to expand the number of workers being paid the lower wage.

Rattner's friends on Wall Street may want GM to cut deeper and answer their whims, but I don't see many of them embracing a life of poverty just to keep their jobs -- despite their far larger bailout.
 
I'd rather that GM and Chrysler go bankrupt, and I daresay "poverty wages" are better than none at all.
 
glenn1 said:
I'd rather that GM and Chrysler go bankrupt, and I daresay "poverty wages" are better than none at all.
Click to expand...

Well they have gotten the wages down to the equivalent of $5hr

When people can't eat or have a roof over their head with the equivalent of $2hr which is the goal of Republicans looks like will be about the start of the revolution.

I am pretty certain we will see this in my lifetime now.

Up until 2008 I wasn't sure if it would happen before my time here is up but now pretty sure.
 
dmcowen674 said:
Well they have gotten the wages down to the equivalent of $5hr

When people can't eat or have a roof over their head with the equivalent of $2hr which is the goal of Republicans looks like will be about the start of the revolution.

I am pretty certain we will see this in my lifetime now.

Up until 2008 I wasn't sure if it would happen before my time here is up but now pretty sure.
Click to expand...

You complain the GOP wants the doom and gloom but in your posts you also seem to cheerlead for it to happen just to make the GOP look bad. How is one any worse than the other?
 
we should have asked the UAW to do a bit more. We did not ask any UAW member to take a cut in their pay.
Click to expand...

Those ~200 contract workers making $9 are not UAW. He was obviusly talking about the UAW workers making $29. Article fails.
 
At which point they would either get an education or go into the trades if they are capable of more then just menial factory work.
 
Matthiasa said:
At which point they would either get an education or go into the trades if they are capable of more then just menial factory work.
Click to expand...

As if those jobs currently exist. Righties conceptualizations depend entirely on the creation of an economic strawman.
 
Umm maybe they chose the wrong field... not even out of college I have had companies calling me for full time positions. (without applying to or contacting them first)
The jobs are there, it is just that underwater basket weaving will not get you them.
 
these are hard jobs though. It is very fast paced in the factories. $9/hr would be too low indeed.

The biggest problem though probably was that the union messed with management's flexibility in slowing down factories or closing them to be in-line with demand. Not the dollar wages so much, but actual interference in decision making.
 
glenn1 said:
I'd rather that GM and Chrysler go bankrupt, and I daresay "poverty wages" are better than none at all.
Click to expand...

It's cool.... after all eventually it will all backfire. How can millionaires make their money once no one will be able to afford their products.
 
karmypolitics said:
these are hard jobs though. It is very fast paced in the factories. $9/hr would be too low indeed.
Click to expand...

Nobody is blaming the workers, but it wouldn't matter if wages were $9/hour, ¢9/hour, or $900/hour; the problem is that no one wants to buy the shitty cars that they're producing, especially Chrysler. Other automakers (e.g. Toyota, Honda, etc) don't have a problem paying their workers more because customers actually want to buy their cars.
 
glenn1 said:
Nobody is blaming the workers, but it wouldn't matter if wages were $9/hour, ¢9/hour, or $900/hour; the problem is that no one wants to buy the shitty cars that they're producing, especially Chrysler. Other automakers (e.g. Toyota, Honda, etc) don't have a problem paying their workers more because customers actually want to buy their cars.
Click to expand...

stuff isn't as bad as people think though. Ford for one thing has just about caught up with Toyota in build quality. Heck, they've released profit-sharing bonuses to workers in recent years.
 
These workers are not employed by GM, they are employed by one of GM's contractors. And I would think that they might have a decent chance at becoming employed by GM at some point in the future if they are good hard workers.
 
If it were not for the unions in Detroit, im sure by now that most of the factory workers would be Mexican-Illegals today. That city is so messed up as it is, its only saving grace is making cars...Atleast keep that candle lit.
 
Engineer said:
Statistics seem to disagree with you. 14 million unemployed vs 3.5 million available jobs.
Click to expand...

Smug Righties can't be confused by the truth- they simply reject it. I got mine!

Matthiasa said:
Umm I did include the underwater basket weaving part for a reason. Actually that was kind of a key part to it. 😛
Click to expand...

Too bad a whole lot more people didn't choose your major, huh? Then it'd be the functional equivalent of underwater basket weaving.

News flash- the Great Recession has claimed the livelihoods of millions of well trained & highly educated people whose skills were previously in demand. When you figure out that you're mostly lucky, you'll have grown up.

Free Trade! Self Regulated Banking! Reaganomics! Ownership Society! Tax cuts for the precious Job Creators! Cut, cut, cut! spending to banish unemployment!
 
Jhhnn said:
News flash- the Great Recession has claimed the livelihoods of millions of well trained & highly educated people whose skills were previously in demand. When you figure out that you're mostly lucky, you'll have grown up.
Click to expand...

While true it's also irrelevant in this case. Well trained and highly educated people lose their jobs in all economic conditions when the company they work for is making products that don't sell and people don't want, the executives make bad decisions, or both (as in Chrysler's case).
 
glenn1 said:
While true it's also irrelevant in this case. Well trained and highly educated people lose their jobs in all economic conditions when the company they work for is making products that don't sell and people cant afford to buy since they have no job, the executives make bad decisions, or both (as in Chrysler's case).
Click to expand...

Fixed for you.
 
glenn1 said:
I'd rather that GM and Chrysler go bankrupt, and I daresay "poverty wages" are better than none at all.
Click to expand...

Really? You hate poor people so much that you would want some of the last American industry to disappear? Are you an american?
 
The further this country slides into poverty the more likely we will see an upheaval of the crony capitalism that exists today.

Heard a very interesting lecture the other day from a professor who was studying the impact of co-ops and employee owned businesses around the country. Most are doing very well for themselves and everyone involved, I think and hope we gradually start shifting our dependency away from corporate America and look to ourselves and fellow neighbors instead.
 
OneOfTheseDays said:
The further this country slides into poverty the more likely we will see an upheaval of the crony capitalism that exists today.

Heard a very interesting lecture the other day from a professor who was studying the impact of co-ops and employee owned businesses around the country. Most are doing very well for themselves and everyone involved, I think and hope we gradually start shifting our dependency away from corporate America and look to ourselves and fellow neighbors instead.
Click to expand...

If you own something you work harder. This is really simple. I too hope that this model will spread.

Corporate America doesnt have America in its interests.
 
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