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I'm a union worker, work for a big public utility. They showed us once the percentage of their operating costs go into payroll. It was shockingly low. The guy who showed us that graph no longer works for the company.
And as a union guy you probably think 83% is shockingly low.
That's the percentage of the educational budget for the city of Boston that goes to the benefits and salary of the unionized teachers. That leaves 17% for everything else!
Many teachers are raking in over 90 large per year with some actually over the 100 K mark. A married teacher couple with ten years under their belt is halfway to 1 percenter status.
The article compared BMW, Mercedes Benz, and VW to the net US auto market statistics? Talk about skewing data. Sorry, but I can't really take an article seriously when 2/3 of the companies surveyed in Germany are luxury brands and virtually none of those in the US were.
Show me the same data comparing luxury brands in Germany to luxury brands in America, or economy brands in Germany to economy brands in the USA and then we can talk. Obviously someone working for BMW will be paid more than someone slapping together a Ford Focus.
Well -- Germans probably buy German made cars, and don't have politicians doing all they can to send jobs out of the country. It was Clinton who signed NAFTA and made numerous trips to China to get jobs gone, Obama has expanded NAFTA and rewards the global corporations with big bailouts.
You are 100% right on. We have this clown who is the manager of engineering. He's not a total idiot because he is an engineer, but the only reason he has the job he has is because his Dad worked for the company for 40 years.
I heard him say once (regarding working men) that "we can get anyone to fill a pair of bluejeans" That's the attitude towards us. Even though many of us are master electricians or pipefitters and could be making more money elsewhere. We work for them for the stability and benefits.
If you earned more "elsewhere" you could buy your own benefits. I did it as an independent contractor.
The article compared BMW, Mercedes Benz, and VW to the net US auto market statistics? Talk about skewing data. Sorry, but I can't really take an article seriously when 2/3 of the companies surveyed in Germany are luxury brands and virtually none of those in the US were.
Show me the same data comparing luxury brands in Germany to luxury brands in America, or economy brands in Germany to economy brands in the USA and then we can talk. Obviously someone working for BMW will be paid more than someone slapping together a Ford Focus.
Those luxury brands in Germany also own other brands that build cheap cars for the peasants.
On the right anyone without a masters should go live in a refrigerator box but only if they pay ground rent where the box is.
On the left everyone should get the exact same even if they inhabit a couch all day.
I know couples who work 3 jobs between them and pull in about 45K. Yes I know they must be drugged up losers who should go move into the above referenced box.
I also know a loser who always seemed to have all the latest cell phone toys but never had a job.
When we feed the extremes we get more of them.
I will never for the life of me ever be able to figure out the obsession with NAFTA when CHINA is massively more imbalanced and a far far bigger issue. Take oil out of the Mexico equation and you will find trade with them is closer to balanced than you think. Levi Strauss moved out of Mexico because they wanted too much pay.
Those luxury brands in Germany also own other brands that build cheap cars for the peasants.
So you disagree that comparing a select few higher end brands in Germany to the net American industry is a poor way to go about a survey?
Rolex makes a few cheap watches, but if someone asks you for a nice, affordable watch you aren't going to recommend one.
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