U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Business
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)
Reply Start New Thread
Old 12-13-2008, 08:42 AM
2,776 posts, read 3,857,015 times
Reputation: 3047


Originally Posted by hindsight2020 View Post
The only problem with your ^^^ argument is that you base your assertion on an expectation of parity across the classes, assuming you even acknowledge class warfare in America. The reality is that there is no parity upon which such capitalistic darwinisim would be equitable. All you're effectively advocating is the increase of wealth redistribution to the banking class (most of whom are foreigners mind you) under the guise of a globalized competition mantra they taught you in 6th grade (or college freshman year econ, both have the same level of content really). You're advocating the continuation of the destruction of the American middle class (in essence the definition of America like it or not) for a plutocratic wet dream of ruling minorities with a nation of debtor slaves, just so you can sleep better at night and tell yourself that as crappy as your own purchasing power is considering you lost the farm financing that crappy college degree, at least everybody is down at the new low bar with you. ...*snip*
LOL - you should be a politician, you've put words down as though they are mine, and assert things I would never have thought about. The truth is your rant kind of lost me near the middle.

All I propose is that if a company stinks at making money, then it needs to change to survive. The government also shouldn't be obligated to finance said change. All the other stuff you wrote isn't me, doesn't represent my views, and in my opinion is off topic.
Reply With Quote Quick reply to this message

Old 12-13-2008, 08:52 AM
2,776 posts, read 3,857,015 times
Reputation: 3047
Originally Posted by KarlaT2 View Post
As a worker who has been in manufacturing for 20 years or so, I am extremely opposed to bailing these guys out. PCB manufacturing has went from 1000's of shops to maybe 100 in last 10 years, as they move them all over to China.... ... Why the heck should taxpayers only bail them out, but let the other industries lay off people, and shut down plants? If it looked at all like they were willing to compromise I'd maybe feel sorry for them, but it sure doesn't look that way. ...
I concur on your thoughts. Additionally, if we want to expand the discussion a bit, then the logical direction is ... within what industry or industries do we really want the United States heavily involved in manufacturing going forward?

If personal and/or public transportation is something we really want to lead in, then Detroit needs to do some serious re-work and reorganization. We probably need them and or other companies to produce electric, solar, and wind powered vehicles going forward. If they aren't up to the task then we need to use government money to support related R&D so that the true entrepreneural spirit of our citizenry can emerge; so that real thought leaders can start and grow relevant companies in this space.
Reply With Quote Quick reply to this message
Old 12-13-2008, 08:56 AM
Location: Moon Over Palmettos
5,978 posts, read 19,456,623 times
Reputation: 5092
Perhaps the UAW could have made a concession to trim the benefits by dropping the pension contributions going forward to both the workers and retirees. No paycut for the workers, but cut the pension out. Preserve what's already contributed there but no more further contributions. Everyone else has cut pension contributions both for active workers and retirees, why not theirs? That to me would have been a compromise.
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.

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

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 > Business

All times are GMT -6.

© 2005-2023, 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