How did Lee Iacocca save Chrysler on the backs of the worker?

I realize I am probably your junior and don't know his strategies as well as
yourself but any restructuring has to be painful in every direction. Look at
the pilots in the airlines now. Come on, the local union guys in my areas
have some pretty ridiculous compensation packages. I could entertain you
with the dozens of fringes each gets but you probably already know. I feel
that is what pulled the trigger for the race off to more friendlier work
force. Just too dam expensive, you drove inflation up far too quickly for an
economic correction to occur. Ya,, I am all for you making a decent, fair,
good, comfortable wage but it has to be market driven and equal to the
surroundings.

Now your blaming Wal-Mart for what you forced.

I think Wal-Mart's success is their present business strategies including
extensive supply chain management, they really just rent space.

The facts are that Lee Iacocca was successful, Wal-Mart is successful, so
try not to let the facts get in the way of your argument.....








"Gould 0738" wrote in message
...
any time I am in Wal-Mart I see all kinds of hypocrite union
people... You all badmouth the capitalist and the freemarket but your the
first to flock to these box stores to save ten cents on an item

Funny, related incident:
I was selling cars in a Chrysler dealership when Lee Iacocca saved the
company.

As Chrysler was moving from intensive care to general bed rest, a guy
stopped
by the dealership one day and said, "Show me one of these K Cars everybody
is
taling about."

We checked out every feature of the car, and the prospect kept saying "I
have
to admit, that's not bad, but I'll never buy one of these cars."

After he repeated his statement "I'll never buy one of these cars" a few
times,
I had to ask, "Why do you feel that way?"

"Because Lee Iacocca may have saved Chrysler, but he did it on the backs
of my
union brothers and sisters, that's why! He made the average working guy
take a
pay cut. I have not use for any company that
doesn't hire union help at decent wages."

And with that, he climbed back into his
(Japanese built, pre-factory in the US) Toyota Corolla and drove out into
the
night.
:-)

Most people's idealism is as long as a direct line from their mouth to
their
wallet. No longer.

How did Lee Iacocca save Chrysler on the backs of the worker?

I didn't say that he did. Please do try to keep up. I said I met a guy diving a
Japanese built Toyota who told me that he couldn't buy a Chrysler product
because of the was Iacocca treated the unions.

Iacocca was a very shrewd guy. No question. I always admired him.