Auto Industry Rant (Socialists are winning..)
Yeah, I've heard this mis-leading information spread by the Socialists as well. Let me explain:
The average GM assembly-line worker makes about $28 per hour in wages, and I can assure you that GM is not paying $42 an hour in health insurance and pension plan contributions. Rather, the $70 per hour figure (or $73 an hour, or whatever) is a ridiculous number obtained by adding up GM's total labor, health, and pension costs, and then dividing by the total number of hours worked. In other words, it includes all the healthcare and retirement costs of retired workers.
Let's not forget, GM has been around a while. I'm sure Toyota's costs would be similar if they had been making cars in the US for 75 years..
The root of the arguement is this. GM averages 28/hour, Toyota 23/hour.
Japanese are Socialists, American's are not... Go work for the work for the Japanese if you think they're so great. I'm driving my Ford..
The average GM assembly-line worker makes about $28 per hour in wages, and I can assure you that GM is not paying $42 an hour in health insurance and pension plan contributions. Rather, the $70 per hour figure (or $73 an hour, or whatever) is a ridiculous number obtained by adding up GM's total labor, health, and pension costs, and then dividing by the total number of hours worked. In other words, it includes all the healthcare and retirement costs of retired workers.
Let's not forget, GM has been around a while. I'm sure Toyota's costs would be similar if they had been making cars in the US for 75 years..
The root of the arguement is this. GM averages 28/hour, Toyota 23/hour.
Japanese are Socialists, American's are not... Go work for the work for the Japanese if you think they're so great. I'm driving my Ford..
Ask the Toyota worker's who pays for their healthcare. The answer is a little known secret called the US Government. When Toyota approached the US in the 70's about building and selling vehicles here, they got the US to help pay for their future employee's healthcare. Now if the US paid for the UAW's healthcare, their total hourly rate would be damn near spot on with Toyotas.
Ask the Toyota worker's who pays for their healthcare. The answer is a little known secret called the US Government. When Toyota approached the US in the 70's about building and selling vehicles here, they got the US to help pay for their future employee's healthcare. Now if the US paid for the UAW's healthcare, their total hourly rate would be damn near spot on with Toyotas.
Last edited by BHibbs; Nov 28, 2008 at 05:09 PM.
Here, for all UAW, big 3 haters, watch this then tell me it makes no sense. Also a part in here saying where the wages go to and that effect.
http://www.youtube.com/watch?v=U7YBjjLKLd0
http://www.youtube.com/watch?v=U7YBjjLKLd0
A lot of us here drive a Ford, most drive an F-150, which was the number one selling vehicle for quarter of a century. Ford takes the credit for much of that success, but was Ford creating that demand or responding to it?
I could have bought a Focus, but I didn't want one, I wanted an F-150. If I were in fact free from blame I would be typing text on the Focusonline forum, but we're not.
I could have bought a Focus, but I didn't want one, I wanted an F-150. If I were in fact free from blame I would be typing text on the Focusonline forum, but we're not.


