(Source and More info on the #’s behind this)

No matter what, if Detroit doesn’t hit the core issue head on, they’re done, it’s just a matter of time. Any entrepreneur worth his salt can tell you that people/employees are by far your largest expense. And if, because of unions, your largest expense costs you 50% more than your competitor per unit, you’re off the reservation if you think you can defend that long term. It’s only a matter of time. The unions and Detroit have both painted themselves into a corner. I’ll predict it here, unless they bust them up, or drastically renegotiate the commitments (READ: let them go bankrupt so that external process can MANDATE change to the unions), they will not survive. Might drag it out another 10 years, or 20 years, or even longer. But they’ll be done.

I love unions. Next business I do is going to be unionized labor or bust!

PS - is anyone else bothered by the fact that people who operate computerized equipment (basically the 2008 version of a wrench) make so much damn money?

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Subscribe to my RSS feed or email notifications and we’ll singlehandedly reframe unions from within!