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Old 08-24-2010, 10:50 AM   #11655
WT Sharpe
Bah, humbug!
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The reason why automobile manufacturing plants in the U.S. are closing is because of greedy workers and their unions. If they would learn to economize and live on $37.50 a week wages like the Chinese do, the big car makers wouldn't be so quick to relocate their plants.

http://www.nytimes.com/2010/05/29/bu...l/29honda.html

But I suppose that even if they agreed to that, the workers would soon be demanding the $26 a day wages earned by autoworkers in Mexico.

http://www.bloomberg.com/news/2010-0...-26-a-day.html

[/sarcasm]

In a global economy, there's no competing with slave wages. There's the problem manufacturing workers face. I have no idea as to a solution.
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