Today GM laid-off 30,000 American jobs. GM is building plants outside the country to hire cheap foreign labor. Delphi and Ford also laid-off workers. What is wrong with our country to make this happen? http://news.yahoo.com/fc/business/automobiles_and_driving
Some are, to be replaced by others I'm not sure anything is wrong with the country. Some industries are well suited for an information economy, and some aren't. Manufacturing jobs don't seem to be. If you can get labor more cheaply internationally, then without a very good reason not to, you're going to go offshore. It happened in my industry, IT, and as a result I'm retooling. But I'm not upset about it -- they never promised me a rose garden. -=Steve=-
GM is building plants outside the country to sell cars in those countries not to bring them back here. As to why GM has problems you can summarize it with: a. too generous contracts in the past b. increased health care costs for workers and pensioners c. people aren't buying as many of their cars
Death By A Hundred-Thousand Accords This article makes some interesting and valid points. http://www.forbes.com/manufacturing/2005/11/22/gm-japan-autos-brands-cz_sk_1122gmbrands.html?partner=yahootix
I just read in the Wall Street Journal that Unionized Labor in the US add approx $2000 to the cost of a new car made in the USA. Add in the afore mentioned contract and most importanly the pensioners and they are hurting. The sad thing is that "joe blow" who worked 30 years in the plant and was told he was getting a retirement is going ot ultimately be the one who gets screwed in this deal. GM i believe just cust retire benefits, and when it come to pensions or going out of business...we all know what will happen....
Re: Some are, to be replaced by others Good point. We also need to realize it is healthy to have the income inequity between US workers and overseas workers evened out. Our country is strengthened by a healthy world economy and market. Laser100, 200, or 300 should also realize most of the formerly foreign automakers are actually US automakers now. Hondas, Toyotas, Nissans and many others sold in the US are now US products.
