Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-13-2013, 08:08 PM
 
7,072 posts, read 9,564,206 times
Reputation: 4531

Advertisements

Quote:
Originally Posted by oaktonite View Post
By the 2000's, Toyota was abe to sell comparably equipped models for 50% more than what a Big 3 product went for.

You obviously have not compared new vehicle sticker prices.
Reply With Quote Quick reply to this message

 
Old 07-13-2013, 08:13 PM
 
7,072 posts, read 9,564,206 times
Reputation: 4531
Quote:
Originally Posted by andywire View Post


When speaking of the big three, many of their previous problems were directly related to various decisions made by the upper level management. GM for example was always one of the last to retool, meaning production methods were always lagging behind. Because of this, their costs of production were high, yet their quality left much to be desired. Today, the big three are much more efficient, and quality has improved greatly. This wasn't due to upper level management doing such a wonderful job. 2 of the big three automakers were bailed out and given a large sum of money to bring their plants back up to speed. They were also forced out of necessity to adapt. Many of the new production methods also directly lead to better quality because of the consistency of the processes. Robots don't get tired, they don't develop repetitive motion injuries, and they always function as programmed. At any rate, management had no role in bringing this technology to fruition, yet they will undoubtedly receive/take the bulk of the credit.


How do you explain the demise of the older American auto makers - AMC, Nash, Studebaker, Packard, Willys, Duesenberg...? These companies fell by the wayside during the "good old days" of high wages and a strong economy.
Reply With Quote Quick reply to this message
 
Old 07-13-2013, 08:24 PM
 
Location: Los Angeles (Native)
25,303 posts, read 21,347,077 times
Reputation: 12318
I agree and most likely things were built better back in the day. In regards to technology though they were much more expensive. TVs for example used to cost much more back in the days.

Also this throwaway mentality is nothing new, as many consumer good companies used this as a strategy going back to the 1950s .

From: Apple's New iPads and Planned Obsolescence in Devices - NYTimes.com
“planned obsolescence,” which was popularized in the 1950s by Brooks Stevens, an industrial designer who specialized in making new cars. Briskly adopted by postwar consumer goods industries, the strategy coaxed Americans to sell their 1955 Cadillacs for the 1956 Cadillacs with their pronounced tail fins, and then the 1957s with even more exaggerated fins, and then ’58s, ’59s and so on.

This also illustrates how strong the middle class would of been back in the 1950s that people would of been getting new cars every year.
Reply With Quote Quick reply to this message
 
Old 07-13-2013, 10:01 PM
 
131 posts, read 322,889 times
Reputation: 186
Quote:
Originally Posted by Gatornation View Post
A couple both making $15 an hour would be making over the median household income. From how they grew up that would be pretty good.
She was the only one earning $15/hr. The daughter's husband was unemployed.
Reply With Quote Quick reply to this message
 
Old 07-13-2013, 11:16 PM
 
Location: in my mind
5,327 posts, read 8,507,106 times
Reputation: 11112
I watched a National Geographic program on Easter Island just prior to watching this (which made me think of the book Collapse by Jared Diamond), and I found myself thinking, the human species is always going to be a work in progress. There have been many well-functioning societies over the years that eventually fell apart completely due to various factors.
Its certainly possible for that type of thing to happen again.

I think that many people forget what a huge role WWII played in creating the type of economy we had in the US for the next 50+ years that followed. We are now moving into a very different phase, and its anyone guess how it will all shake down in the future.
Reply With Quote Quick reply to this message
 
Old 07-14-2013, 01:37 AM
 
Location: Metro Detroit, Michigan
29,685 posts, read 24,738,189 times
Reputation: 28367
Quote:
Originally Posted by ram2 View Post
How do you explain the demise of the older American auto makers - AMC, Nash, Studebaker, Packard, Willys, Duesenberg...? These companies fell by the wayside during the "good old days" of high wages and a strong economy.
They were long before my time so I have little to contribute.
Reply With Quote Quick reply to this message
 
Old 07-14-2013, 02:36 AM
 
Location: Bronx
16,200 posts, read 22,965,662 times
Reputation: 8344
Quote:
Originally Posted by Gatornation View Post
Who buys cheap Products that are made in other countries?
Not the rich but they buy applea latest greatest device called the iphone which is assembled by Hon Hai wage labores in China for a few dollars a day.
Reply With Quote Quick reply to this message
 
Old 07-14-2013, 02:50 AM
 
Location: Bronx
16,200 posts, read 22,965,662 times
Reputation: 8344
Quote:
Originally Posted by ram2 View Post
Suburbia is still growing. It is the cities that failed to keep residents and watched them pack up and move to suburbia.
Both cities and suburbs are still growing, its just the shift of socioeconomic and demographics that are changing in both cities and suburbs which picked up pace during the great recession. Plenty of Asians, Hispanics and Blacks are moving to suburbs which offer better life than cities. In return mostly educated white 20 somethings are moving from the suburbs to big cities like NYC, Boston, SF, Chicago, DC and are moving to innercity neighborhoods to pay high rents to live in a closet apartment while paying off their tuition fees while seeking out that 6 figure salary to live the yuppie dream and not the American dream. Cities are still loosing their middle class and with it a solid tax base, whos going to flip the bill, working class poor, wannabe 1 percent yuppie, or the uber rich? Suburbs saw poverty grow as well as a decline in services. Either way things dont look great for America's future regardless where one lives.
Reply With Quote Quick reply to this message
 
Old 07-14-2013, 06:52 AM
 
Location: Striving for Avalon
1,431 posts, read 2,473,689 times
Reputation: 3451
Quote:
Originally Posted by oaktonite View Post
And resiliency as usual didn't help them any. They all ended up as human whack-a-moles. As soon as they tried to stick their heads up -- BLAM!!! This is their lot in life. To be chewed up and spat out. This is America.
I have to agree with your sentiment here. The much prided and lauded traits of resiliency and "hard work=eventual gains" seems only to keep those earning lower class wages from checking out* of their existence of virtually meaningless existence and endless toil.

*Choose your escape: permanent welfare, drugs/alcohol, suicide, et cetera.
Reply With Quote Quick reply to this message
 
Old 07-14-2013, 06:57 AM
 
5,652 posts, read 19,307,413 times
Reputation: 4106
RAM: You state why don't they move down to Chicago to get jobs... I live in the Chicago area, during this time period, there were NO jobs in Chicago either. I know, I was unemployed mid 2008 til late 2008 only getting a job after applying to 275 positions during that time.

In fact, IL historically has one of the highest unemployment rates (still) in the country. I know lots of chronically unemployed and underemployed workers here. Since the crash of 2008 things never really got back to normal here for sure, partially due to our political environment and infighting in this state. They are all worried about politics rather than creating a friendly environment for business to operate (this goes on for national level as well with all the emphasis on smokescreen non-issues)

Last edited by gardener34; 07-14-2013 at 07:10 AM..
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top