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Old 04-08-2009, 11:00 AM   #48
attymf

 
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Drives: 2017 SS
Join Date: Nov 2008
Location: LI, NY
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The problem is not how much workers on the assembly line make. Its the cost of retired or disabled workers.

The Union forced the american manufacturers into a deal that made it easy to go out on disability and that someone could retire at age 48. GM has to pay these people for the rest of their lives. It would be a sh'tty thing to do but the car makers need to go bankrupt on these people and to get the union contract voided and throw them out. I read somewhere that these costs are like $5K per car. Imagine how sales/market share of the american car makers would increase if all vehicles were $5K less to buyers. A chevy Avea would have a starting price under $8K, a Cobalt $11K and a base Camaro at $18K.

The car makers could actually pay the current worker more and become much more profitable.

When you read stories about GM notice the amount they owe and to whom. You'll see a $20 plus billion dollar debt.
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