TIP: Click on subject to list as thread! ANSI
echo: crossfire
to: Bob Ackley
from: Bob Klahn
date: 2009-05-17 13:25:00
subject: Welfare

BK>>  After all, since the american auto makers don't pay that much
 BK>>  less than Toyota, The idea that the American auto workers are
 BK>>  the problem is nonsense.

 BA> Forty bucks an hour plus benefits for what is basically
 BA> unskilled labor is not nonsense.  Receiving full or nearly

 Yes, it is, since that is not what unskilled workers get. Oh,
 while we are at it, why would any salary for unskilled work, no
 matter how high, be objectionable. Remember, the law of supply
 and demand does *NOT* have anything in it to say how skilled the
 labor is, only on what it takes to hire people to do it. Would
 you want to do factory work for $10 or $15/hr?

 Since Toyota's *average* hourly pay is within a few dollars of
 the American automakers, it must not be too high. It most
 certainly is not $40/hr. Not even for skilled workers.

 I just looked it up. Current top pay is $32.83/hr. That's top
 skilled labor.

 Bottom level pay is about $14/hr. I haven't found a breakdown of
 all the levels.

 Total labor cost is about $55/hr for GM, $49/hr for Toyota and
 Honda. From what I have read GMs cost will drop over the term of
 the contract. Adjusted for inflation.

 BA> full pay for not working isn't nonsense either.

 Does that make it a good thing they do not get full pay for not
 working? Should Toyota drop their no layoff policy?

 Believe it, GM is not going to give full pay for not working. If
 they had to pay out the full pay they would have the people
 working.

 BA> Auto workers in general, IMO, are grossly overpaid.

 CEOs, in general, IMO, are grossly overpaid.


 Why do you object to autoworkers earning a middle class wage?



BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

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