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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (438568)12/5/2008 3:42:23 PM
From: Alighieri  Read Replies (3) of 1586027
 
Solving the problem of grossly overpaid union labor would clear the way to extending financial assistance to the automakers.

These companies have been in trouble for more than 30 years, and long before any one could point to unions as being the key issue. I have been trying to explain to i_node that their business model has been fucked up for that long or longer.

Getting the unions to drop some of their costs will help make the next few payrolls...it's good, they have to do it...but sooner than later these companies will have to face up to how to stop the market share losses and win back customers whose mind-share has been deeply lost to European or Japanese manufacturers, whose products are superior not just in quality, but in appeal, features, performance, technology, and so on.

Al
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