tag:blogger.com,1999:blog-6427940.post8987920066078686004..comments2023-12-05T07:50:19.855-05:00Comments on No Oil for Pacifists: The Union Label@nooil4pacifistshttp://www.blogger.com/profile/16688417615117569825noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6427940.post-9044585016593191422009-08-02T19:07:50.141-04:002009-08-02T19:07:50.141-04:00> If you're going to defend your improbable...> If you're going to defend your improbable theory, have the courtesy to supply cite and syllogism.<br /><br />I note, long after the fact, how this demand brought the death knell of his argument.<br /><br />Whether that was because he didn't understand the request or knew he could not win on the basis of facts is up to the reader to surmise.OBloodyHellnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-46713521739260333752009-02-13T19:32:00.000-05:002009-02-13T19:32:00.000-05:00There is no objective measure of value other than ...There is <I>no</I> objective measure of value other than what the market will pay. By that metric, both labor and management were overpaid in Detroit. The only way the auto companies can survive is by bankruptcy reorganization, which will both eject current management and re-work the union and dealer contracts. <BR/><BR/>But blaming the current recession on management overcompensation and low labor wages has to be a new zenith in unsupported babble. Lower labor wages would, of course, make a company more competitive. I note that domestic plants of foreign-owned automakers are in much better shape, in part due to lower wages and more flexible employee contracts. If you're going to defend your improbable theory, have the courtesy to supply cite and syllogism.@nooil4pacifistshttps://www.blogger.com/profile/16688417615117569825noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-69428592826473545272009-02-13T13:26:00.000-05:002009-02-13T13:26:00.000-05:00Your acknowledgement is weak. The problemn goes w...Your acknowledgement is weak. The problemn goes way beyond the auto industry. This is merely an example of the larger problem of workers being grossly underpaid and management being grossly overpaid with respect to their value. As business spiraled downward in all industries, management reaped huge salaries and bonuses. This is not limited to the auto industry. It is pervasive and explains in part the many crises we are now experiencing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-46815957549899435442009-02-05T13:57:00.000-05:002009-02-05T13:57:00.000-05:00Sometimes....better never then late. Have you no ...Sometimes....better never then late. Have you no comment on the generous bonuses paid to auto top management all those many years that the US auto industry was spiraling downward? Could the $1-a-year thing possibly be a PR ploy?<BR/>Quite selective about which facts you dwell on. Perhaps these people are not worth $1 a year. Vision and response to genuine consumer demand might be appropriate for auto company manufacturers. Toyota and Honda seem to be aware of authentic consumer demand and they seem to respond. What motivates US management?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-77449308286835842642009-02-04T13:56:00.000-05:002009-02-04T13:56:00.000-05:00Anony:Uh, I've said that Detroit's management was ...Anony:<BR/><BR/>Uh, I've said that Detroit's management was awful and that I favored "bankruptcy first" so current management could be flushed out. And though the unions brag about their unwillingness to compromise on union jobs, <A HREF="http://articles.latimes.com/2008/dec/03/business/fi-autopay3" REL="nofollow">each of the Big-Three CEOs volunteered to work for a dollar in salary this year</A>. But, I guess facts are "boring" and "consistently right-wing."@nooil4pacifistshttps://www.blogger.com/profile/16688417615117569825noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-8505354403174348612009-02-04T13:33:00.000-05:002009-02-04T13:33:00.000-05:00I wonder what kind of bonuses auto manufacturer ma...I wonder what kind of bonuses auto manufacturer management was awarding itself as the US car industry was sinking. And how were the non-union portion of the cost of manufacturing an auto distributed? How much was paid to the management that made all the wrong management decisions? I wonder why that doesn't upset you boringly, consistently right-wing knee jerkers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-35794498458801922552009-02-04T10:23:00.000-05:002009-02-04T10:23:00.000-05:00If that rule is right, the numbers certainly would...If that rule is right, the numbers certainly would work. But I admit, I don't know much about retail and pricing.@nooil4pacifistshttps://www.blogger.com/profile/16688417615117569825noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-45111440631048866432009-02-01T22:17:00.000-05:002009-02-01T22:17:00.000-05:00> Is the UAW, and supporters like the cloaked ...> Is the UAW, and supporters like the cloaked commenter, saying a nearly $400 dollar per car difference--2 percent of a $20,000 new car price--can't possibly be significant?<BR/><BR/>In numerous discussions regarding manufacturing costs, if you replace one part with another equivalent part that costs US$0.50 more, the final retail price is increased by $5, a 10x difference as a standard rule of thumb (don't ask me to justify that, but I gather it's a valid rule). I don't know if that applies to labor costs, but if so, then your 2% difference means a 20% difference in delivered price, and a lot of stuff that might seem unobvious falls into line.<BR/> -- OBloodyHellAnonymousnoreply@blogger.com