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Old 09-24-2007, 09:57 PM
John Kilduff John Kilduff is offline
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Join Date: Nov 2006
Posts: 1,903
Default Re: Big strike at GM

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CNN

73,000 UAW workers walked off the job at GM plants nationwide. They are arguing over wage, health care and outsourcing concerns.

I liked seeing that unions are alive and well in this country. IMO, the single thing that government can do to improve quality of life the most is to strengthen unions.

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And here I was thinking that the single thing government could do to improve quality of life the most would be to eliminate most of the taxes that are out there ;-) That wouldn't even be regressive; gas taxes and sales taxes and so forth kill poor people.

But back to the subject at hand:

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I think it also proves that unions are not necessarily a competitive disadvantage: the dispute is over how much to cut from the old contract instead of what new goodies the unions are getting.

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If they haven't already sunk GM with their accumulated demands over decades maybe there is hope yet. They'll probably have to do a lot of cutting to regain true competitiveness with companies like Toyota and Honda.
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