Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Joe NYC who wrote (438557)	12/5/2008 5:38:42 PM
From: tejek	Read Replies (2) of 1574260

Look....you are blaming the union for GM's administrative costs, pretending that they are labor costs when they are not. No, they are under cost of goods sold (which includes labor costs). They are not under G&A. Legacy costs are not costs incurred making the car itself. They are overhead costs like the rent on an office building or factory......they can not be attributed to the current labor force at GM. Take your pick. In any case, GM's labor today can't be blamed for mgmt's past mistakes. No, labor today, 12/5/2008 is still to blame for majority of GM's problems. Nothing changed from yesterday. The crushing contract is still in place. No it is not. The UAW has agreed to change the terms of that contract.

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