On Sat, 13 Dec 2008 01:54:46 -0500, "Eisboch" wrote:


"Tom Francis - SWSports" wrote in
message ...

Another fallacy is this whole bit about labor being 10% of the total
cost per car.

That is total bull****.


I've been watching this. It's a creative way of accounting for costs. And
it's not *pay*. It's burdened labor rates, which determine cost.

If you listen to jerks like Olbermann, you'd think, (in fact he *said* this
the other night) that in order to obtain parity with Toyota, Honda, etc.,
the UAW workers would need a pay *increase*.


In some cases, that is absolutely correct, although the difference is
around $1 an hour, or less.