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Old 12-24-2008, 03:13 PM
kwhizz kwhizz is offline
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Default Re: Gm letter to Suppliers

And since the two tiered wage scale system has been approved by the UAW , the difference in wage/benefits/legacy costs is very little.


Common Sense is kicking in..........But.......The Reality is.........The Legacy costs will live on for many years to come.......As it probably should.....as those people worked their lifes under that set of Rules when the Auto Companies were very profitable........Now......What is Fair to them........Tough Call......If the Rules are changed due to the current Economic "Challenges" and the Profit Margins come back in a year or two.....Then What...the newer Hires understand the Rules at the time of their Employment and will have to provide for their future accordingly........What would then be fair to the Retirees...You have to look at this from "BOTH" perspectives......You can't Kill the Patient (G.M...Ford)....or "Keep" things the way they are........Tough Situation........
But.........Don't worry.......Remember....the Politicians know what is "Best" for us "Smelly" Taxpayers and will do the right thing.......

Ken
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