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Default More Real Job Loss

On Mon, 28 Nov 2005 20:27:08 +0000, NOYB wrote:


But how can this be? Toyota builds a lot of its cars in the US.

Oh, never mind. Their US manufacturing plants are non-union.


That may be, but their labor costs are comparable. There are several
reasons Toyota is eating GM's lunch, but unions aren't one of them. I've
said this before, when health care costs are 15% GDP, there is an
international competitive disadvantage, and Toyota has a younger workforce.

http://money.cnn.com/2005/01/09/pf/a...toshow_walkup/

http://www.madeinusamag.com/Article8.html
 
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