Originally Posted By: philipp10
How much is the difference between a union made GM and a comparable non-union Honda?
Or look at any other union made versus non-union made similar products and you will see that you have no basis for what you say.
But the non-union made companies are actually "profitable"....and don't require government subsidies in the form of bailouts. Honda prices their products for what the market will bear, which is affected by the UAW companies somewhat. [/quote]
Actually, not true. You are referring to the GM bailout, their problems were nto there because the labor was union. Look at Citibank, they got a bailout, far larger than GM and they are not union. GM is profitable now, Citi is still attached to the teet of the government.
GM was mismanaged. They had products that people did not want. They did not reserve a low risk pool for the current and mid term portion of their long term liabilities. You haven't heard the stories I have heard about the culture at the top layer of the company. And as we know, it all rolls downhill.
How much is the difference between a union made GM and a comparable non-union Honda?
Or look at any other union made versus non-union made similar products and you will see that you have no basis for what you say.
But the non-union made companies are actually "profitable"....and don't require government subsidies in the form of bailouts. Honda prices their products for what the market will bear, which is affected by the UAW companies somewhat. [/quote]
Actually, not true. You are referring to the GM bailout, their problems were nto there because the labor was union. Look at Citibank, they got a bailout, far larger than GM and they are not union. GM is profitable now, Citi is still attached to the teet of the government.
GM was mismanaged. They had products that people did not want. They did not reserve a low risk pool for the current and mid term portion of their long term liabilities. You haven't heard the stories I have heard about the culture at the top layer of the company. And as we know, it all rolls downhill.