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Subscribe to this threadUAW strike halts GM's CUV production
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d3a @ Apr 17th 2008 1:31PM
amen joe blow!
I think it's funny that FoMoCo and GM are losing money left and right, and are in danger of bankrupcy in the near future. But yet at the same time they are paying their CEO's and upper management millions every year!!!!
Anybody wanna know why Ikea is so successful and profitable and yet sells their product so cheap? The CEO refuses a high salary. He makes only $150,000 a year. That pales in comparison to other CEO's.
If FoMoCo and GM paid their exec's only around 150k each a year they would save millions of dollars. that money could be used to really turn the company around. But no, that will never happen. They dont truly care about the company, just how fat their wallets are
mk @ Apr 17th 2008 1:51PM
Who wants to work hard to run an auto company for 150k per year.
Poor workers get paid a better wage than most middle class college grads to do assembly work with no education required.
But people with business acumen (although they could show a bit MORE...), education, and a lot of responsibility should work for barely more than the same wage.
How many executives are there? a few thousand?
How many union workers are there? a few HUNDRED thousand?
There is a disparity because there is supposed to be a disparity. If a worker wants more, let him do what it takes to earn it, like everybody else.
Throwing a public temper tantrum is NOT acceptable. And demanding that people work for less, just because someone has a skewed view of "fairness" isn't acceptable either.
If the executives only got paid 150k per year, don't you think they would just abandon ship, work somewhere else in an industry that isn't being over-regulated, and make more money?
Would that not put ALL of the union workers out of work, and the final nail in the US Auto industry's coffin?
Think it through, and realize that there are consequences , and that communism hasn't worked any time it is tried, because people aren't all the same when you gauge what they are capable of producing. An assembler doesn't make executive wages because an assembler doesn't do an executive's job, with an executive's responsibility.