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GM To Ax 25K Jobs By '08?

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Old Jun 8, 2005 | 11:34 AM
  #31  
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Re: GM To Ax 25K Jobs By '08?

Mr. Hargrove said he's also worried about Oshawa car plant No. 2, which has no mandate for a replacement vehicle in 2008. About 3,000 CAW members work there.
What's in Oshawa #2 now?
Old Jun 8, 2005 | 02:53 PM
  #32  
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Re: GM To Ax 25K Jobs By '08?

Originally Posted by Jason E


And that, my friends, is the state of the U.S. today. We don't care where our products come from...all that we care about is whether we save a couple bucks by buying a product made overseas versus here. And people wonder why the economy is in the toilet, and that the only way people seem to make any real $$ right now is not in the stock market, but through real estate investment.

Wait until that bubble blows up
The economy is heading the way it does regardless whether you choose to buy domestic or import products. The US cannot compete globally due to its high cost of labour. It is moving more toward a service economy than manufacturing economy, and this transition will wreak havoc. My point was that it hardly makes sense to pay the higher price for a similar product, or a product of lesser quality. The financial impact is much greater on you, the buyer, than the UAW worker who may not even see a whole penny as a result of your purchase. But why stop there? Automobile manufacturing is only a part of the US economy. What about clothing, appliances, electronics, office supplies, toothbrushes?

At the end, we buy vehicles of certain kind for various reasons, be it performance, looks, value, or the fact that it was made in the US of A. I have no problems with people's decisions, but keep it without the nationalistic and propagandistic tones.
Old Jun 8, 2005 | 02:55 PM
  #33  
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Re: GM To Ax 25K Jobs By '08?

Originally Posted by guionM
The real problem is foreign sourced parts. Many of these foreign makers import parts from their country, and now our own makers are doing this as well, and will even moreso in the future.
Keep in mind the industry trends. The "transplants" continue to increase their sourcing of parts from the US, where the "domestics" continue to move more work overseas. Go ask a supplier which customers bring in more money and provide more security for their workforce.

I can't wait until someone in Detroit figures out that they shrink their market every time they force a supplier to close down a plant and move production overseas, since some dude making $0.50/hour in China probably isn't going to run out and buy a new Buick or Cadillac. But, hey, if Detroit wants to dig their own grave, so be it.
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