GM Posts Video on Youtube

[Regs]

Originally posted by: 91TTZ

Originally posted by: Injury
"610,000 workers are employed by suppliers to the U.S. auto industry earning an annual payroll of $54 billion in 2007."

$54000000000 / 610000 = $88524.59 average salary

Gee, I wonder why, among other reasons, there is a loss of profits year after year?

A majority of unskilled labor shouldn't average higher than a salary many college educated people will see in their lives.

I have to stop you right there. You're probably a young guy, either in or having just graduated college. Your comments are shallow and self-serving. You seem to think that because you went to school and they didn't, that somehow you're "entitled" to more money than those unskilled workers. Yet it sounds like you're complaining that autoworkers make more than you do.

I agree with 91TTZ here. You can't go on with life blaming other people all the time for whatever which reason. And if you think all really make 89K a year, that's ridiculous too. You have to also account for the severance packages they have to "bribe" the workers with when they let them go which could be up to 200K or more per person. You also have to account for the legal battles in litigation. How productive or versatile can a work force be when they're either on strike or in a court house?

 

[Injury]

Originally posted by: Regs

Originally posted by: 91TTZ

Originally posted by: Injury
"610,000 workers are employed by suppliers to the U.S. auto industry earning an annual payroll of $54 billion in 2007."

$54000000000 / 610000 = $88524.59 average salary

Gee, I wonder why, among other reasons, there is a loss of profits year after year?

A majority of unskilled labor shouldn't average higher than a salary many college educated people will see in their lives.

I have to stop you right there. You're probably a young guy, either in or having just graduated college. Your comments are shallow and self-serving. You seem to think that because you went to school and they didn't, that somehow you're "entitled" to more money than those unskilled workers. Yet it sounds like you're complaining that autoworkers make more than you do.

I agree with 91TTZ here. You can't go on with life blaming other people all the time for whatever which reason. And if you think all really make 89K a year, that's ridiculous too. You have to also account for the severance packages they have to "bribe" the workers with when they let them go which could be up to 200K or more per person. You also have to account for the legal battles in litigation. How productive or versatile can a work force be when they're either on strike or in a court house?

I took the Salary information DIRECTLY from that video, I know that some people pad both ends of the average but nonetheless the facts speak for themselves.

When your industry AVERAGES $88k/yr for each employee and your industry is failing to be profitable then something has to give. Maybe they can make cuts in other areas but $54 billion is a huge amount to be paying out to workers when 6% of the nation is unemployed and many of the lower end jobs in this industry could be filled by people who can do the same job for less money.

 

[ChaoZ]

Originally posted by: 91TTZ

Originally posted by: Injury
"610,000 workers are employed by suppliers to the U.S. auto industry earning an annual payroll of $54 billion in 2007."

$54000000000 / 610000 = $88524.59 average salary

Gee, I wonder why, among other reasons, there is a loss of profits year after year?

A majority of unskilled labor shouldn't average higher than a salary many college educated people will see in their lives.

I have to stop you right there. You're probably a young guy, either in or having just graduated college. Your comments are shallow and self-serving. You seem to think that because you went to school and they didn't, that somehow you're "entitled" to more money than those unskilled workers. Yet it sounds like you're complaining that autoworkers make more than you do.

Think about it for a second.

 

[Injury]

Originally posted by: 91TTZ

Originally posted by: Injury
"610,000 workers are employed by suppliers to the U.S. auto industry earning an annual payroll of $54 billion in 2007."

$54000000000 / 610000 = $88524.59 average salary

Gee, I wonder why, among other reasons, there is a loss of profits year after year?

A majority of unskilled labor shouldn't average higher than a salary many college educated people will see in their lives.

I have to stop you right there. You're probably a young guy, either in or having just graduated college. Your comments are shallow and self-serving. You seem to think that because you went to school and they didn't, that somehow you're "entitled" to more money than those unskilled workers. Yet it sounds like you're complaining that autoworkers make more than you do.

I've spent more of my life in unskilled/factory jobs than I have in my job that I went to college for. I took a pay cut going from a third-shift factory job to my current job and was happy to do so to know I would be in a safer environment day to day and wouldn't have health problems down the road. I don't think I'm entitled to anything in this world just because I went to college. I know that manual labor takes a lot out of you and there some mornings when you wake up and you're so physically exhausted that you aren't sure your legs will support you if you can manage to get out of bed.

I don't think it is at all shallow to believe that many of these jobs could be done by people willing to work for less, though. I know that some of the people doing these jobs do the bare minimum amount of work to get by knowing that the minimum yearly raise is still pretty good... and if they can ride it out for a few years they'll have it pretty good... they might even slither their way in to a foreman position and be able to avoid the rough physical jobs. I know this because I worked with people just like this.

College educated people though... these are people that aren't as easily replaced. You need credentials. You need experience. You need to be educated. Just like you need to know what you're doing if you're a mechanic.

Shallow and self-serving? No. I've worked my ass off to get where I am and I know what the alternative is. I know I'm not entitled to anything but I know that if I wake up tomorrow and wanted to go back to my old job I know they'd take me just like they'd take the homeless guy that sleeps on the steps of the bar down the street after they close.

bottom line? I don't think that because I went to school I'm entitled to more. It has nothing to do with me. I think that because there are thousands of people out there that can do their jobs they shouldn't be making as much.

They can keep their expensive labor if they want, but I think asking for a handout if they do is a complete crock of shit.

 

[rezinn]

This video was a substantial loss for the auto industry. They're now in it even deeper.

 

[her209]

Wouldn't the other automakers just fill that void where the Big 3 was?

 

[WaTaGuMp]

Imagine the big 3 all fold and we have NASCAR with nothing but Toyotas racing each other lol.

 

[Random Variable]

The reason our deficit is so high isn't because the government spends too much; it's because we produce nothing. Now we're going to stop manufacturing cars. We might as well be a third world country.

 

[WaTaGuMp]

Originally posted by: Random Variable
The reason our deficit is so high isn't because the government spends too much; it's because we produce nothing. Now we're not going to manufacture cars. It's absurd.

You dont think the war was our government spending too much?

 

[Random Variable]

Originally posted by: WaTaGuMp

Originally posted by: Random Variable
The reason our deficit is so high isn't because the government spends too much; it's because we produce nothing. Now we're not going to manufacture cars. It's absurd.

You dont think the war was our government spending too much?

Perhaps. But that's not the reason we are in so much debt.

 

[IHateMyJob2004]

People that don't agree with such a bail out don't understand trickle down economics. Thsi video pretty much explains it.

 

[cruzer]

Originally posted by: Injury
"610,000 workers are employed by suppliers to the U.S. auto industry earning an annual payroll of $54 billion in 2007."

$54000000000 / 610000 = $88524.59 average salary

Gee, I wonder why, among other reasons, there is a loss of profits year after year?

A majority of unskilled labor shouldn't average higher than a salary many college educated people will see in their lives.

That figure includes the value of all employee's benefits like life and health insurance, etc.
Gross pay is probably 3/5 of that.

 

[Wheezer]

Originally posted by: Random Variable
The reason our deficit is so high isn't because the government spends too much; it's because we produce nothing. Now we're going to stop manufacturing cars. We might as well be a third world country.

you *might* want to rethink that....our government is the epitome of financial waste...and I am not talking about the war......take that out...because before the war it was still wasting a tremendous amount of money....is that the sole factor?...not by a long shot but I will say it is 40% of the problem.


Nothing is for certain except change, our economy has adapted in the past many times and will continue to do so with or without the "big 3" auto makers.....they have a choice...adapt or die.

this country and it's economy is not going to come to a grinding halt, although they, the UAW and some Dems would have you think that....it's not going to happen.

 

[Pocatello]

The way the big 3, which isn't the big 3 anymore, run their business, I'm afraid they are going to go out of business, even with help from the US taxpayers. It would be a sad day to see the 3 U.S car manufacturers going out of business, but they have brought this upon themselves. Short-sighted management, greedy UAW (or was it the other way around), you could have seen this back in the 1970s.

 

[erub]

I work for a supplier..two tiers away and thousands of miles from Detroit. In an electrical engineering job. We count both GM, Toyota, Ford and others as customers, yet I wonder how many jobs would be cut in my office if they go under. So I say yay for bailout, heeh.

 

[boomerang]

Originally posted by: JS80
lol so many lies in that video.

any bailout MUST include the final death of the unions. they have to model themselves after Toyota.

Somehow, I don't think karoshi is going to catch on in this country.

For those of you for whom that's a term you haven't heard before, I'll get you up to speed.

The Japanese lead the world in job-related fatalities due to stress. The Japanese culture is the only in the world to have a term ? "karoshi" ? that means, literally, "death from overwork." According to the Japanese Ministry of Labor, approximately 10,000 deaths a year are attributed to karoshi.

After you've put in your regular work day working for Toyota back in the homeland, you're expected to stay and put in another full work day. The difference between the first 8 hours you worked and the second 8 hours is that the second is worked for free. That's right you work those hours for nothing. You do this to show your loyalty to the company. You do this because it's expected of you. You may have a co-worker working 20 hours a day (12 of those uncompensated) and then you will be expected to work those hours too. It's for the good of the company and the company is everything.

So, 10,000 deaths a year due to this obsessive-compulsive behavior. We should model ourselves after these psychotic methods? I don't think so homie.

 

[PlasmaBomb]

Originally posted by: MetalMat
If thi bailout does go through I dont see any reason to pay the CEO 150 million, should cut that salary down big time.

If they paid the CEO nothing it would cut their wage bill by 0.277... percent, which is hardly big time...

 

[Regs]

Originally posted by: Injury


When your industry AVERAGES $88k/yr for each employee and your industry is failing to be profitable then something has to give. Maybe they can make cuts in other areas but $54 billion is a huge amount to be paying out to workers when 6% of the nation is unemployed and many of the lower end jobs in this industry could be filled by people who can do the same job for less money.

I would not disagree with you there. You can make a living off of 40k-50k a year depending on where you live and a little financial planning or responsibility. Though if you look on the bright side, how many people would want to try to improve their status or career by making 80k doing a job everybody else could? However, to think of it, where are there advancement opportunities in these states? Some thing or some one has to stimulate some sort of growth for people to have options, or else they all come to the coast like they are now. It's becoming a systemic economic problem. Expenses keep growing while salary stays the same means less purchased goods which only compounds the problem of the union laborer even more.