"nom=de=plume" wrote in message
...
"Bill McKee" wrote in message
m...

"thunder" wrote in message
t...
On Wed, 04 Nov 2009 21:03:13 -0800, Bill McKee wrote:


They pay less, have less onerous work rules, and would pay even less,
if
the unions were not getting a bunch from the bankrupt companies and
taxpayers.

Funny, instead of focusing on bottom up, perhaps more focus should be
placed on top down. Toyota's top 37 executives earned a combined $21.6
million. That bum Wagoner's compensation, alone, was $14.4 million. At
Honda, the top 21 executives earned $11.1 million combined. Ford's CEO
Mulally's compensation was $17.7 million in 2008. If the boss thinks
there's that kind of money floating around, why wonder if the working
man
wants a piece.

Or, is this just another example of voodoo economics, you know, Reagan's
"tinkle down" economics?

Yes, the **** poor managment of the Big 3 auto companies is famous. And
they are overpaid. But why should the guy on the assembly line with
maybe a GED putting on lugnuts also be overpaid. As I said bad
management also. As to the lower pay of the Japanese. Is true, but is
not a true picture of the pay. They basically have unlimited expense
accounts, which mitigates a lot of personal taxes.

How do you determine if s/he is overpaid? What the criteria? Seems to me
either union or non-union it's a negotiation that ends up at the market
rate.

--
Nom=de=Plume


Compare her wage to what you would have to pay anywhere else including
shipping and time value and you have a valid market wage.