Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (437077)	12/1/2008 6:35:30 PM
From: Joe NYC	2 Recommendations Read Replies (3) of 1573829

michael, Unions arent the problem, what is is that union wages have given others the competitive edge. Isn't that a contradictory sentence? Of course, there is the management side that, capitulation after capitulation to the unions allowed the situation to reach the current crisis. The union labor (un)productivity is what drives the product Big 3 produce. If you start with uncompetitive labor cost, you have to retreat to higher and higher niches, where the margins are high enough so that you can get away with an uncompetitive labor force. What aided the Big 3 was there was a big appetite on part of US consumers for these niche product (minivans, SUVs, trucks etc.) and what might have remained a niche turned into mainstream - postponing the day of reckoning for the Big 3... Joe

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