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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (436821)11/26/2008 9:53:13 AM
From: i-node  Read Replies (2) of 1574030
 

No, but they have a much younger workforce so lower health care costs. And in the US they probably offer much lower benefits, an advantage they have as unions have lost power. Plus the tax benefits offered to lure them to the state. And they have a uch larger portion of their entire workforce in Japan where they don't have the cost.


You don't think that it has anything to do with the fact that GM's American assembly plants require 50% more employees because of the unions' power? The fact that American OEMs are required to pay cradle-to-grave coverage for their employees of every single health event, plus pay some $350 PER CAR for employees who don't even work for the company?

You're just being stubborn. It is intuitively obvious that the American auto makers could be substantially more competitive without the unions running the business. Both GM's and TM's sales have fallen off by roughly the same amounts as a result of the economy. Yet, GM is broke and TM is doing okay. Why? Because GM is dominated by unions who have sucked out its life blood for years.

They (the American OEMs) don't get a CENT until the unions are broken.
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