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O/T: Michael Moore gets it right sometimes.
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Morris Dovey
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Posts: 2,387
Michael Moore gets it right sometimes.
wrote:
I remember reading many serious dissertations concerning the demise
of the Big Three as early as the 80s.
It wasn't news even then. In the early 70's the UAW managed a 30%
across-the-board increase for its members and the auto-makers made the
decision to just pass the cost increase on to purchasers.
[ Hmm - anyone else remember how GM tried to offset part of the
increased costs by using cheaper steel? And how a few years later it was
hard to find a Chevy pickup without rusted-out fenders?
And I can remember that earlier Ford had been proud of how the unibody
construction of the Falcon allowed selling sedans for less than $2000,
and I rember hearing how the UAW hadn't liked the unibody approach
because it reduced labor content of the vehicle... ]
Briefly, the auto workers benefited - but by the time everyone else's
income had adjusted to the inflated cost of living (and purchase of
automobiles was a significant component of that inflation), the auto
workers were right back where they'd started.
--
Morris Dovey
DeSoto Solar
DeSoto, Iowa USA
http://www.iedu.com/DeSoto/
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