Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (15758)	4/18/2004 11:30:54 AM
From: Orcastraiter	Read Replies (1) \| Respond to of 81568

Here's were the real problem lies: A little internal housecleaning of the people responsible for GM's market share losses seems to be in order. GM must improve product development efficiency, launch effectiveness and vehicle quality, while continuing to improve factory productivity. It all depends on your perspective. CEO and management salaries continue to rise, while labor is asked to take a below cost of living raise. That's what riles labor. The union does not want to kill the goose that lays the golden egg, and they will negotiate in good faith, as witnessed with Chrysler. But while corporate profits increase and management compensation increases, labor wants to keep up too. They are the folks that build the product. Henry Ford paid his workers well. He wanted them to be able to afford to buy what they built. Without unions and the right of labor to negotiate, we'd go back to the dark days of tenements and company towns. Where workers felt lucky to earn a meal, which they usually bought at the company store at inflated prices. Orca