On Thu, Dec 11, 2008 at 3:54 PM, <[email protected]> wrote: > Rather than producing and > selling 17 1/2 million new vehicles, as was the case for most of the past > decade, only 10 1/2 million new vehicles will be sold in 2008. The world > industry is off - depressed, by roughly 30% everywhere. This includes > Toyota, Nissan and Daimler America.
So what is the solution to this? At least for environmental reasons, it is highly desirable that the automobile sector should shrink worldwide. How can we accommodate this along with maintaining a large workforce? It seems shortsighted to keep propping up a destructive industry just for the sake of preserving jobs. > Union production workers are paid an average of $28 an hour and the > non-union production workers are paid an average of $25 an hour. What in > fact is so-called unrealistic wages in the context of auto? Good question. At least in principle, is it not possible for a union to negotiate unsustainably high wages for its workers? How can we determine what is a reasonable or realistic wage level without throwing the workers into the mercy of the "labor market"? -raghu. -- Q: What's the contour integral around Western Europe? A: Zero, because all the Poles are in Eastern Europe. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
