Quote:
Originally Posted by Dredly
Unions = Gov't regulated labor control which forces companies to not be in control of their employees. As long as Unions are around and in power like they are today then our production capacity will never increase
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Not all unions are bad...
But UAW and Chevy (mostly) are to blame for Chevy's mess. If Chevy didn't keep agreeing to shitty deals under the idea "we'll keep making more money than god, because people will always buy our crappy cars and trucks" then they wouldn't be in this problem.
The 'bigger problem' is that chevy has deals to keep paying into pension and benefits plans for workers that are no longer employed. There are lots of retired people that count on these benefits and pay dollars to make ends meet - it IS their retirement plan. If you go with the 'pure capitalist' view of "let the market decide" - it will, and Chevy will die, and so will the retirement plans of lots of people too old to go back to work.
Now, if the unions can come to the table with Chevy (and the other big 2) and realize that relaxing some of these stupid plans is in BOTH of their best interest...
The only other two options are:
bail out chevy with tax dollars - so that they can keep running the company into the ground, but it WILL make sure those people that DID do their part aren't screwed.
let chevy fail, but take over those GM employees' pension plans. This way the retirements are still funded, but GM itself isn't reaping the rewards of more mismanagement.
Neither prospect is pretty.