Quote:
Originally Posted by Indy2010
Unfortunately, I believe this has happened across the board, not just the automotive industry. Cheap labor has forced all industries to re-evaluate their labor costs. Most companies that I am familiar with are trying to reduce the workforce and maintain production/capacity/capability by being more efficient with what they have. What we really need is for China to become a nation of consumers instead of producers (they are really lopsided).
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It's happening everywhere in every industry, and that makes it hard for so many of us to get jobs. It's good to be on the same page.
Quote:
Originally Posted by ArkySS
I honestly don't get the complaining from people on a forum board about a GM car......that they bought.....but I am but a simple minded man. I hate all of the bailouts too but I am not going to go to a Merrill Lynch board and complain about their bailout when I am a customer (not necessarily by choice).
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It already happened, and people like to look back at it. If it didn't happen, who knows how things could have turned out?
It doesn't matter. It's already happened. Let's celebrate that GM has worked to pay off the legally required loan amount
5 years early.
That's amazing!