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Automotive News & Views Can GM make Cadillac the standard of the world Again?
6102 messages, Last post on Jan 26, 2010 at 12:58 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: circlew (Oct 29, 2008 11:22 am) |
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Replying to: lemko (Oct 29, 2008 11:31 am) Down south you can get an average house for $149K. Sure, you couldn't get one when you first start your job. You would need to save first. Does anyone remember what SAVING for the future means? Regards, OW
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Replying to: lemko (Oct 29, 2008 11:27 am) If any of the Big 3 collapse, why couldn't a billionaire or some investment firm come in and buy the factories and tooling for 25% of the value, rehire workers or get new workers at prevailing wages, and even buy the rights to the names of the cars? |
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Replying to: circlew (Oct 29, 2008 11:40 am) $12/hr is about what the workers in my plant make here in NH. Most make $15-$16/hr. Rents are about $800 for a 2-bedroom, but then again most families have 2 wage-earners. A couple hours north of here are a bunch of shutdown papermills. Those guys would love some manufacturing work, at $15+/hr, and decent benefits. In fact there are many, many millions of people with no health care who would love a job assembling cars for those wages and benefits.
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Replying to: kernick (Oct 29, 2008 1:51 pm) See, that's the key; 2 WAGE EARNERS. My wife's grandmother was saying a few weeks ago how tough her father had it about 70 years ago, raising 4 girls and taking care of a sick wife by himself, paying a $3,000 mortgage all on $25/wk. I tried to explain to her that that same house today would cost $300,000 yet I guarantee that her father would make no where near $2,500/wk. She couldn't comprehend the simple math and how they correlate (both being 100 times what they were). You'd be hard pressed to find 2 wage earners today grossing $2,500/wk. even up here in RI. This is something no one seems to get, that you can't just take the standard of living from one part of the country, and unilaterally apply it everywhere, and expect everyone to adjust at the snap of a finger. Even if GM could say look we're moving our factory from Lansing, Mi to San Antonio, Tx. You can come if you want, but the job pays what everybody else makes down there. Do you think people would be able to sell their houses and move at the drop of a hat??? Who would be SOL if the house sells for less than is owed??? All this competition between different parts of this country is bad. Instead of dragging people down to their standard of living, we should be working to bring everyone up. THAT'S the American dream.
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Replying to: lemko (Oct 29, 2008 11:31 am) What is a "hooptie"? Is that Philadelphia slang? I live in downstate NY & I've never heard that word.
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Replying to: cooterbfd (Oct 29, 2008 3:42 pm) And that is the big problem here in Michigan and it is spreading thruout the country. My wife has a standing offer elsewhere with a sizable wage increase but we could never sell our house for what it used to be worth if we could sell it at all.. We only have a few more years left on the 15 year mortgage but we just do not want to move. So we are hoping that nothing happens that she loses her job. We do not want to move, we want to stay here. |
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Replying to: 62vetteefp (Oct 29, 2008 4:41 am) So why did the do it in the first place? Did they think it *would* be viable and then found out too late that was not the case? Or did they just want to showcase some technology even though it wasn't ever going to amount to anything?
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Replying to: cooterbfd (Oct 29, 2008 3:42 pm) No, all of this competition across the country is GOOD. I'm in a very high tax state (CA), and it's GOOD that other states can steal work and companies from us. CA deserves to hurt if they overtax us and make us business-unfriendly. It's GOOD that FL has no state income taxes, people retire to FL and it supports their economy. Any state that cannot compete should SUFFER. Anybody who can't find work in their state when there's lots of work elsewhere should MOVE. If you don't like competition then I'm sure you're excited about having one cable company -- how that provides you with high quality customer service and low monthly costs.... 
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Replying to: tlong (Oct 29, 2008 9:49 pm) It was required by California mandate. CARB devised a mandate for our most-populous state which says that the six largest auto companies must sell 10% of their products in the form of zero-emissions vehicles (ZEVs) by 2003--and ZEV means electric vehicle. REad this article for lots of good EV1 data. http://findarticles.com/p/articles/mi_m0FWH/is_/ai_76445141
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