kangaeru

Because they're part of the American economy? Because they will buy cars, and groceries, and clothing, and support all other American industries? Corporations look for their executive fat cats to have astronomical paychecks, and if fucking over low level factory workers by outsourcing their jobs to Mexico is a way to do that, hell yeah. All they see is an increase in profit.

What, you think Americans are going to want to support the auto industry, which already has a lower quality reputation compared with Germany and Japan, after they've been cutting thousands of jobs and scaling back hundreds of thousands of pensions? Those CEO's do NOT need to make 25 million dollars a fucking year, on TOP of having the company pay for ALL their daily expenses (cell phone, plane services, etc). It's just not balanced--since when has 5 million not been enough?

No, it's comparable I'm sure--which makes it even worse. These greedy assholes don't need more money than God, but they think they do. Taking 30% salary cuts would save the company hundreds of millions of dollars a year which could be given back to their work force.

Imagine a work force where the average salary is 10$ hour / higher than anywhere else. Imagine the amount of people who would WANT work for you? You would be in a position to have a top of the line premium product because you could demand people ahdere to highest quality labor standards. Instead it's all a race to the bottom, and the less money you pay, the more unqualified people are going to fight for that job.

Agreed. So why do CEO's salaries still exponentially increase despite the company losing money? Because in the end it is greedy people steering the ship. They seek profit, and go about means to secure that end. In fact, if they were to worry about doing good business, making a good product, and taking care of their employees, they would find that profit would come naturally because their employees would want to work harder, would want to better the company, and this would show in the final product, which, in turn, people would want to buy more, leading to more profit.

A corrupt, bloated union and poor management don't help either, which are also very real problems, but the way GM has gone about addressing hasn't been to fix their management practices, and to make it their business to find qualified people, it's been to cut costs so they can continue operating as they are, in a broken manner, as long as possible.

They're throwing buckets of water overboard when they should be focusing on patching the hole.

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