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Dave wrote:
On Fri, 21 Nov 2008 20:16:36 -0500, Marty said: BIG fuel guzzling expensive cars and SUVs, let 'em die I say, but don't blame labour. Perhaps we can agree that management was in substantial part culpable for caving in to labor demands which, in the long run, they would be unable to meet? It isn't as if unfunded liabilities was a new concept. In fact conceptually the so-called "jobs bank" was very much like the unfunded pensions before the Studebaker failure. And it wasn't any news that the health benefits they were promising exceeded those borne by competitors. Perhaps, The only part I'd take much exception is the health care issue. Toyota and Honda have been able to provide a very competitive health care package for their employees, (isn't that pretty much a legal requirement?); however they have taken perhaps more creative and aggressive control of that care to allow them to provide it at about 1/3 the cost that the big three incur . Again, this is something management has screwed up in Detroit. Further, it doesn't explain why they have the same problems in Canada, the health care issue is *exactly* the same for every employer, yet we see the same problems. Would you agree that the design visionaries in Detroit haven't been to good at keeping up with consumer desires? Cheers Martin |