US House passes bill restricting action against Boeing's 787 Charleston line

[Sacha]

Keynesian economics is a ticket to a failed Economy and a Failed country.

Your leftist whining dribble is entertaining though.....

 

[Smarta$$]

It seems like most Americans are missing the forest for the trees.

The free-market is there whether you like it or not. The Global Market is there whether you like it or not...Whether you believe in it or not...kind of like Plate Tectonics.

You can erect barriers to people making money in this country "to protect the little guy" but all you get, if anything, is a short term fix, but long-run it causes an even faster rush for the exits and prevents capital from flowing in.

If you build the cars in China and just sell them here...you say "then who will buy them if we don't have jobs"...the question shoud be who IN AMERICA is going to buy them if we don't have jobs...and the answer is eventually NOBODY but the most wealthy. But the part you are missing is that from the viewpoint of Chrysler it sells as much or more cars at higher margins, making more money. CHRYSLER DOES NOT CARE IF IT EVENTUALLY SELLS ANY CARS IN THE US.

You See Chrysler's plant in China just increased the standard of living in China. That small change in the global allignment of capital increased the demand for things the Chinese want....causing factories and stores to be built supplying things that Chinese want...making more and more Chinese wealthy as they satisfy the Chinese workers demand for more and more stuff...allowing more of them, at first just the wealthy but it will trickle down later, to buy more and better Chrysler cars...RIGHT THERE IN CHINA.

Remember,selling anything to the wealthiest 20% of Chinese is the same as selling to the entire US population sheer numbers wise.

If the general public continue to believe the continued rantings of the media, unions, and politicians, we are in real trouble.

The problem with that is there will eventually be less and less opportunity for people to become rich in the US, and thus less rich people, and less American companies to sell things to foreigners. You still MUST have a viable middle-class, and that means not ********************ting on American workers, something the GOP hasn't figured out how to do.

 

[pilotyip]

It is a ticket to a failed country and failed economy.

and the perfect union country of England does not result in the same thing? Unions have a good track record of destroying companies with unsustainable demands, reference GM, US Steel, Wyandott Chemical, etc

 

[Dornier 335]

and the perfect union country of England does not result in the same thing? Unions have a good track record of destroying companies with unsustainable demands, reference GM, US Steel, Wyandott Chemical, etc

If it all would be so simple... If I look at big $$$ industry in another country, like the car industry in Germany, manufacturers like Audi, BMW, Opel (GM), Porsche, VW etc. and their rather strong unions, your argument of blaming unions for a company heading south just doesn't cut it...

If I look at your text book example UK, it appears that UK companies couldn't compete with the rest. How can that be just the unions fault?

 

[pilotyip]

If it all would be so simple... If I look at big $$$ industry in another country, like the car industry in Germany, manufacturers like Audi, BMW, Opel (GM), Porsche, VW etc. and their rather strong unions, your argument of blaming unions for a company heading south just doesn't cut it...

not an expert of German unions, but I read someplace there is an agency in Germany that has final say on union contracts. The contract must increase productivity to offset any wage/benefit increases. Unlike the UAW where you got paid for not working. Yes they are a very strong union country, but are bound my tradition to Trade Craft, where going to a trade school after a few years of High School is a chosen career path. As opposed to the US where if you don't go to college you are looked down upon.

 

[Flyer1015]

Read the Wagner Act, commonly known as the National Labor Relations Act (NLRA). It's been the law of the land since 1935.

How are they threatening/interfering with union members rights? If I was a corporate management, and it was cheaper for me to run an operation out of CHS, then SEA, then I'd move the operation to CHS. As for those unionized workers, they should be offered to move with the job. If they don't want to move, then tough.

 

[Smarta$$]

and the perfect union country of England does not result in the same thing? Unions have a good track record of destroying companies with unsustainable demands, reference GM, US Steel, Wyandott Chemical, etc

You mean like SWA, Ford, Delta... Companies go bk from bad management first and foremost.

Tell me, are we doing so much better than England? How about Germany? How about Canada?

It is funny, the US is the most right wing of all industrialized nations, yet our advantage over those same industrialized nations continues to erode...

How does our quality of life ratings rank among industrialized nations? How about our education? Why is it that other nations with gobument education kick our ass? Why do we get less vacation time than other industrialized nations? Why is our health care system rated so low (except the Rush Limbaugh health care rating agency)?

Sorry, we are not losing our advantages because of center-left policies. The rest of the world is catching us, or passing us by using center-left policies. Hard right ideology is holding us back and killing our middle class. All income growth in America has gone to the top 2-3% of citizens. It is NO coincidence that this coincides with the decline in our nation generally.

 

[Smarta$$]

not an expert of German unions, but I read someplace there is an agency in Germany that has final say on union contracts. The contract must increase productivity to offset any wage/benefit increases. Unlike the UAW where you got paid for not working. Yes they are a very strong union country, but are bound my tradition to Trade Craft, where going to a trade school after a few years of High School is a chosen career path. As opposed to the US where if you don't go to college you are looked down upon.

Ford and GM are strong, Chrysler is coming back. All still union. Poor management and poor products ruin companies. You always conveniently seem to forget that management and product selection/development are important, only those darned line employees ruin companies.

 

[Smarta$$]

By the way, we have had the Bush tax cuts since 2001 and 2003. Obama extended ALL of them, and lowered payroll taxes. We have had all these tax CUTS in place for years. Tax rates on "job creators" have been far lower than Clinton era (good job creation under the higher tax rates) for a decade.

WHERE ARE THE JOBS?

 

[scoreboardII]

Read the Wagner Act, commonly known as the National Labor Relations Act (NLRA). It's been the law of the land since 1935.

Hey we are alpa, you need to read the Wagner act, it does not apply to the rights of a company to open plants, period.

The WA only applies to companies interfering in union business.

 

[lowtimedriver]

Hopefully it doesn't pass in the senate.

Here's an idea, put your employee's first, take care of them and you won't have to have unions.

Close the SC plant and then Boeing will open the 87 line up in China. Brilliant! That will help US employees.

 

[densoo]

By the way, we have had the Bush tax cuts since 2001 and 2003. Obama extended ALL of them, and lowered payroll taxes. We have had all these tax CUTS in place for years. Tax rates on "job creators" have been far lower than Clinton era (good job creation under the higher tax rates) for a decade.

WHERE ARE THE JOBS?

+1

The governor of Michigan cut taxes 99 times under the principle of getting more capital into the hands of the job creators. When she left office the state was 48th in terms of tax burden among the 50 states.

And the jobs? Gone.

 

[bluesideup1]

+1

The governor of Michigan cut taxes 99 times under the principle of getting more capital into the hands of the job creators. When she left office the state was 48th in terms of tax burden among the 50 states.

And the jobs? Gone.

Ya, it was the tax cuts that killed the jobs in Michigan. It couldn't have been the massive unions and their giant pensions that caused most of the plants in Michigan to close or move somewhere else. It also couldn't have been the insane policy of the democrats to promote home ownership to anything with a pulse regardless of whether they could pay for it or not.

This policy lead to corrupt lenders which led to a housing collapse that put a bunch of the laborers/businesses out of work, created massive bank failures, restricted infusions of credit when other companies needed it, caused a trillion dollar bailout, increased the size of the government and created more job killing government regulation.

But no your right it was the tax cuts that killed the jobs and economy.

 

[pilotyip]

Ford and GM are strong, Chrysler is coming back. All still union. Poor management and poor products ruin companies. You always conveniently seem to forget that management and product selection/development are important, only those darned line employees ruin companies.

In 1994 the UAW pushed GM into a deal it knew it could most likely not fulfill. It gave unlimited medical and COLA to retirees. GM knew a lengthy strike might drive them into BK. They had exhausted the equity markets, and borrowing was the only solution. Much like living off your credit cards. So they bet on maybe things would work, but they knew in the end they were in trouble. The power of a potential union strike drove them to make a bad management decision.

As they lost market share to foreign rivals, Detroit's auto makers and the UAW lost the power to set standards on labor costs. Yet during the prosperous 1990s, they seemed reluctant to accept the fact that their business model -- with its expensive defined-benefit health and pension programs -- was driving the domestic industry toward ruin. The UAW and its biggest employer have effectively conceded that their golden age of dominance is over.

GM executives consistently acknowledged that it couldn't be competitive in North America without a fundamental change in its labor-cost structure.

The UAW got a harsh lesson in the consequences of bankruptcy proceedings when former GM parts unit Delphi Corp. sought Chapter 11 protection in 2005, and pushed through substantial job and wage cuts under a deal subsidized by GM.

After 1994, GM's obligation to provide health care for 412,356 union members, retirees and surviving spouses drove them to BK. Even after a partial overhaul of retiree health-care benefits in 2005, GM still faced a $51 billion obligation to UAW members. Health-care obligations added more than $1,900 to the cost of every GM vehicle sold in the U.S. in 2006, a heavy burden given that many GM vehicles sold for less than competing Toyota vehicles.

Because of this burden they could not invest properly in future product(edited WSJ)

 

[redflyer65]

GM still carries some of that debt today. I remember when they recently had their IPO and some of the big money was staying away.

The worst of the whole deal back then were the 'Job Banks'. Get paid to sit at home and get full pay. They all loved it, but the reality is that it chokes the goose. They couldn't see the forest for the trees.

RF