"theres no EXCUSE" for companies not to invest in this country??? Since when does this mob boss think he can determine what entrepreneurs do with their capital???
Why doesn't Gettelfinger and the UAW start their OWN company here???
Those car companies could have filed bankruptcy and told the unions to fuck off. But they bought politicians and continue to fuck the american people. I will NEVER buy another american car.Toyota here I come.
Good argument point, however there are alot of things that go into Cost of Goods. As a small business owner, I can tell you that I wouldn't survive long paying employees $20-30 / hour, without charging my customers a hefty premium. You have to be competitve in the market, something the Big 3 haven't been able to do because of wage costs. As the owner of the company, I need to make a decent margin to justify the RISK i'm taking to compete in a market. Companies making profit isn't a bad thing.
Just examining wages and the minimum wage, dating back to 1969, when this stat was kept, I learned that in 1988 the minimum wage should have been $20.37/hour, if it kept in line with the cost of living and inflation. Everyone, what in the hell does everyone think the minimum wage should be respecting the cost of living and inflation in 2009? EASILY over $30/hour! In my view, this should lead to a revolution. I am not trying to reverse 400 years of capitalism, but I would like economic justice.
That's brilliant... Big business provides your job and paycheck. You can't work without the company paying you for your work. When will the union employees realize there is a limit to what a company can pay for them to put parts on a vehicle, or load boxes on a truck. Valuable services indeed, but what is the true value of that labor? It works both ways. It's called economics.
Gettelfinger is a dolt. The "American jobs" people are going to regret this in 10 years. Read Economics in One Lesson by Henry Hazlitt. The same mistakes made during the Great Depression are being made today. The "ripple effect" phenomenon is balderdash. Gettelfinger has never taken a course in economics and it is extremely evident that the policies he promotes will cause America to lose competitiveness. God help us. Please read that book. It's very easy to understand where we are.
"theres no EXCUSE" for companies not to invest in this country??? Since when does this mob boss think he can determine what entrepreneurs do with their capital???
Why doesn't Gettelfinger and the UAW start their OWN company here???
103moneyg 1 year ago
Frellthat. Toyota doesn't steal my money to run their company. Japan doesn't steal my money either.
OldSouthernSoldier 2 years ago
Psst, Toyota's workers are unionized too. See Toyota Motor Workers' Union.
And Japan has universal health coverage as well.
frellthat 2 years ago
Those car companies could have filed bankruptcy and told the unions to fuck off. But they bought politicians and continue to fuck the american people. I will NEVER buy another american car.Toyota here I come.
OldSouthernSoldier 2 years ago
Protectionism proper.
tsummerlee 2 years ago
is stinkfinger a gay jew??????
garyowen4ever 2 years ago
Good argument point, however there are alot of things that go into Cost of Goods. As a small business owner, I can tell you that I wouldn't survive long paying employees $20-30 / hour, without charging my customers a hefty premium. You have to be competitve in the market, something the Big 3 haven't been able to do because of wage costs. As the owner of the company, I need to make a decent margin to justify the RISK i'm taking to compete in a market. Companies making profit isn't a bad thing.
cpoppenger 2 years ago
Just examining wages and the minimum wage, dating back to 1969, when this stat was kept, I learned that in 1988 the minimum wage should have been $20.37/hour, if it kept in line with the cost of living and inflation. Everyone, what in the hell does everyone think the minimum wage should be respecting the cost of living and inflation in 2009? EASILY over $30/hour! In my view, this should lead to a revolution. I am not trying to reverse 400 years of capitalism, but I would like economic justice.
GodChristLord 2 years ago
That's brilliant... Big business provides your job and paycheck. You can't work without the company paying you for your work. When will the union employees realize there is a limit to what a company can pay for them to put parts on a vehicle, or load boxes on a truck. Valuable services indeed, but what is the true value of that labor? It works both ways. It's called economics.
cpoppenger 2 years ago
Gettelfinger is a dolt. The "American jobs" people are going to regret this in 10 years. Read Economics in One Lesson by Henry Hazlitt. The same mistakes made during the Great Depression are being made today. The "ripple effect" phenomenon is balderdash. Gettelfinger has never taken a course in economics and it is extremely evident that the policies he promotes will cause America to lose competitiveness. God help us. Please read that book. It's very easy to understand where we are.
jjh15 2 years ago 2