Fri, Jul 25, 2014, 4:14 AM EDT - U.S. Markets open in 5 hrs 16 mins


% | $
Click the to save as a favorite.

General Motors Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • cheblammo cheblammo Dec 4, 2012 10:04 PM Flag

    Dumb Move, Mr. Union

    "the possibilities are much lower wages and benes for a blue collar worker."

    Possible? Sure, anything's possible but much more likely is a significant increase in economic activity resulting in more jobs and a revitalized state.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • cheblamo, you may be correct. However the wages that would be paid will be much lower as will the benefits. Even the current non-union wages will drop.Why? Because most non union shops base their wages against the union scale;take away the scale and there is no base. This country's problems stem in large part to"free trade" and globalization. We had many jobs before these events AND we had both union and non unions then also. The American people are being led into smoke filled rooms and can't see their way out so to speak.

      • 1 Reply to m.swanger
      • "This country's problems stem in large part to"free trade" and globalization."

        Seems to me that 'free trade' and 'globalization' are what built this country. The problem now is that other countries have adapted to the changing global situation and we haven't. Unions were OK as long as we were in charge, we aren't anymore. Mexico, China, Thailand, Brazil, India, etc. are in charge and they set the rules. If we want to get it back, we have to work for it and be more competitive than them.

        And by the way, unions don't set wages, international competition does. The world has passed you by.

35.74-1.67(-4.46%)Jul 24 4:01 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.