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Re: Sticker Shock
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Posted by Easy on June 17, 2005 at 19:33:46 from (69.216.112.63):
In Reply to: Re: Sticker Shock posted by MMB on June 17, 2005 at 17:13:37:
A number of years ago, the plant manager at our GM engine plant told us that everybody in the building could work for free, and it would not make a 10% difference in the cost of the engine. And we have about a third as many employees now as then, producing as many engines. BTW, GM has the highest American content of any manufacturer, @ 85%. As far as competing with the asians on wages and benefits, no we can't. Even the Mexican president, Vincete Fox, called the chinese wages " essentially nonexistent" Mexico has lost a lot of jobs to China in recent years, 40,000 in one city, Nuevo Laredo, in one year, in that one city. China is a problem for not only the US, but virtually everybody. We seem burdened with a government that doesn't have any idea on what to do. Easy.
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