40K + More Jobs Headed for the Toilet
Keep up the good work, Barry...
******Chrysler announced the elimination of 789 of it's dealerships. Since I used to be in the car business, let me tell you what that means. Even by low-ball figures of 50 jobs per dealership, it amounts to close to 40K jobs in the toilet. And I'm not including the peripheral businesses such as auto parts, service, and on and on.
Tell me again why we gave Chrysler and GM a gazillion dollars...please!
Dealers Struggle With Chrysler Elimination Plan ...
Chrysler won't repay bailout money
An administration official confirms that a $4 billion bridge loan and $3.2 billion in bankruptcy financing won't be paid back by Chrysler following bankruptcy. read more
Showing posts with label auto industry. Show all posts
Showing posts with label auto industry. Show all posts
Thursday, May 14, 2009
Thursday, November 13, 2008
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You Don't Have Mail
By INVESTOR'S BUSINESS DAILY Posted Wednesday, November 12, 2008
Competition: For the first time in its history, the U.S. Postal Service is considering layoffs. Imagine that — a unionized work force passing into obsolescence. read more
****Until a few years ago, the bulk of my husband's business was done by mail. Thanks to innovations he now can send music and tablature through the internet. If that had not happened, his business would have been driven into the ground by the rising costs of using the United States Postal Service.
****My business, however, still relies heavily on the USPS, and each year I have watched my revenues decline because the unionized workers at the post office demand higher and higher wages. When the postage becomes onerous, the customer can't buy the item. Simple!
****Any package I mail out that hits around the 6 lb mark automatically goes by way of FedEx to save my customers money, thereby increasing my ability to sell an item. So revenues at the Post Office continue to drop while postal workers continue to receive high wages and the security of never losing their jobs. The people that work at the post office are not "bad" people, but they are caught in a system that rewards you regardless of job performance.
****We have become a nation that rewards failure and poor performance. We start early with this concept. School children in the lower grades play games which have no winners or losers, and many high schools have 10 or 15 valedictorians. Unions perpetrate this myth by protecting its workers to the point where businesses are no longer profitable. Which takes us to the auto workers.
****If you want to know what's wrong with the auto industry, you need not look any further than the United Auto Workers. The "big three" want a bailout without the UAW making one teeny tiny concession concerning its workers, whose average salary is over $78.00 per hour including all their benefits. How much do you earn per hour?
****So what do I wake up to this morning? Presumptive President-Elect Barack Obama calling for tax-payer money to be used for an auto industry bailout. Correct me if I'm wrong, but isn't George W. Bush our President? This is just more "rewarding bad behavior." It's time for the UAW to be run out of town.
Read also:
UAW Malignancy on US Car Manufacturers
E-mail from an auto industry worker
By Michelle Malkin • November 13, 2008
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You Don't Have Mail
By INVESTOR'S BUSINESS DAILY Posted Wednesday, November 12, 2008
Competition: For the first time in its history, the U.S. Postal Service is considering layoffs. Imagine that — a unionized work force passing into obsolescence. read more
****Until a few years ago, the bulk of my husband's business was done by mail. Thanks to innovations he now can send music and tablature through the internet. If that had not happened, his business would have been driven into the ground by the rising costs of using the United States Postal Service.
****My business, however, still relies heavily on the USPS, and each year I have watched my revenues decline because the unionized workers at the post office demand higher and higher wages. When the postage becomes onerous, the customer can't buy the item. Simple!
****Any package I mail out that hits around the 6 lb mark automatically goes by way of FedEx to save my customers money, thereby increasing my ability to sell an item. So revenues at the Post Office continue to drop while postal workers continue to receive high wages and the security of never losing their jobs. The people that work at the post office are not "bad" people, but they are caught in a system that rewards you regardless of job performance.
****We have become a nation that rewards failure and poor performance. We start early with this concept. School children in the lower grades play games which have no winners or losers, and many high schools have 10 or 15 valedictorians. Unions perpetrate this myth by protecting its workers to the point where businesses are no longer profitable. Which takes us to the auto workers.
****If you want to know what's wrong with the auto industry, you need not look any further than the United Auto Workers. The "big three" want a bailout without the UAW making one teeny tiny concession concerning its workers, whose average salary is over $78.00 per hour including all their benefits. How much do you earn per hour?
****So what do I wake up to this morning? Presumptive President-Elect Barack Obama calling for tax-payer money to be used for an auto industry bailout. Correct me if I'm wrong, but isn't George W. Bush our President? This is just more "rewarding bad behavior." It's time for the UAW to be run out of town.
Read also:
UAW Malignancy on US Car Manufacturers
E-mail from an auto industry worker
By Michelle Malkin • November 13, 2008
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