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  • Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?



    On Nov 11 09:14 AM Tao wrote:

    > Workers have to earn enough to pay their standard expenses and they
    > should also earn enough so they can afford to do something they enjoy,
    > like going to the movies or dining out or a once a year cruise. They
    > also need to take care of their retirement.
    >
    > Common sense says you can't pay workers low wages and expect them
    > to pay high health care insurance costs and high gas costs for their
    > cars and homes, not to mention the high costs of housing and food
    > and other numerous expenses.
    >
    > Our teachers are doing as good a job as they can, considering they
    > are teaching to the NCLB testing.
    >
    > Capitalism works when we all buy from each other. When many of the
    > groups have no money to spend that creates problems.
    >
    > Universal Health care would work. We already have Medicare, Medicaid,
    > VA health care, Schip and other children's insurance. We even pay
    > for the cadilac insurance of the elected government. Health workers
    > and Physicians could still make excellent money, but there is no
    > need of paying the insurance companies their 20% profit.
    >
    > The CEOs need to be cut back to 10 times what the average worker
    > earns.
    >
    > The stock market takes their cut of the profits by dividends. A few
    > years ago, our broker said he was putting all his retirement money
    > in Ford because they paid high dividends. I hope he isn't retiring
    > any time soon.
    >
    > In other countries the workers can take less pay because they have
    > free health care and other benefits that we have to pay for.
    >
    > It may be that price roll backs in housing, gas, electricity, cut CEO pay, universal health care, etc. would make it possible to work for less.
    > Our necessities should be heavily regulated, especially gas, electricity
    > and health insurance and health care.
    Nov 11 09:22 am |Rating: 0 0 |Link to Comment |View article
  • Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
    The biggest problem is trying to keep the status quo. Let the companies fail and give the money to those who are hurt by the failure, like those who have insurance with AIG.

    American workers would be happy to work for lower wages, if they paid for reduced costs of health insurance, health care, housing, gas and electricity, ect.

    Keep in mind the buying power of the dollar has fallen to at least half of what it was when Bush took office. So $65,000 is really more like $32,000 in buying power.
    Nov 11 09:19 am |Rating: +1 -1 |Link to Comment |View article
  • Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
    Workers have to earn enough to pay their standard expenses and they should also earn enough so they can afford to do something they enjoy, like going to the movies or dining out or a once a year cruise. They also need to take care of their retirement.

    Common sense says you can't pay workers low wages and expect them to pay high health care insurance costs and high gas costs for their cars and homes, not to mention the high costs of housing and food and other numerous expenses.

    Our teachers are doing as good a job as they can, considering they are teaching to the NCLB testing.

    Capitalism works when we all buy from each other. When many of the groups have no money to spend that creates problems.

    Universal Health care would work. We already have Medicare, Medicaid, VA health care, Schip and other children's insurance. We even pay for the cadilac insurance of the elected government. Health workers and Physicians could still make excellent money, but there is no need of paying the insurance companies their 20% profit.

    The CEOs need to be cut back to 10 times what the average worker earns.

    The stock market takes their cut of the profits by dividends. A few years ago, our broker said he was putting all his retirement money in Ford because they paid high dividends. I hope he isn't retiring any time soon.

    In other countries the workers can take less pay because they have free health care and other benefits that we have to pay for.

    It may be that price roll backs, cut CEO pay, universal health care. Our necessities should be heavily regulated, especially gas, electricity and health insurance and health care.
    Nov 11 09:14 am |Rating: +2 -2 |Link to Comment |View article

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