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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (438363)	12/5/2008 10:15:16 AM
From: Road Walker	Read Replies (1) \| Respond to of 1574005

Is it just, "I'm a liberal so I think unions should be untouchable" -- even if they destroy the US automakers? Forget the numbers, which you obviously have a lot of trouble with, and tell the thread what exactly your point is with this argument? Sure: If we throw X number of auto workers out of jobs, on top of what's already happening, we are likely to turn a recession into a depression. The cost of government services for the auto workers and the 800,000 retired workers and dependents will likely exceed the bailout loans by 5X. No domestic auto industry is a national security issue. The trade balance is likely to become even more tenuous without auto exports. How many ex-auto workers will face home foreclosure? Exaggerating an already acute problem. The UAW already has made concessions that have brought their compensation in line with foreign auto makers manufacturing in the US. *The problems are legacy costs... the foreign auto makers manufacturing in the US would probably have close to the same problem if they were producing here for the last 50 years. Frankly, the biggest slice of the labor portion of the problem is the cost and system of health care in this country. That's the bulk of the benefits problem. If we had single payer health care the majority of the legacy cost would go away. On the other hand YOUR argument is "Man what a great opportunity to punish the unions... who cares about the collateral damage".