Quote:
Originally Posted by TylerH860
Eventually pay will go up as these developing countries devoted to manufacturing have increased standards of living. Its already happening in China.
If American workers didn't choose to become less productive and ridiculously expensive via union collective bargaining alot of folks would still have their jobs. One of the larger aircraft manufacturing union in Wichita rejected a contract with Beechcraft calling for a 10% pay cut, and for them to chip in a but more with healthcare. For relatively low skill work they go from making $27 an hour to $24. Basically 55k a year vs 50k. Considering their sales are down 23% and they're operating at a huge loss its not a massive concession. Other states have stepped up offering huge incentives for these 1000s of jobs to move, but they still voted no. 800 of those jobs are going to Mexico now, with the rest uncertain; if they said yes they would have had a contract for the next 7 years. Estimates are if all these jobs are transfered the local economy would take a 5% + dip.
They'll be on unemployment for next year, followed by an exciting career at Walmart.
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I see it happen all the time, heck the union guys at Sikorsky are in the process of doing it. They all think they have the world by the balls and are needed. When the gravy train stops they realize that they have no marketable skills and are stuck making $8 an hour at some BS job until they are to old to work.
I have seen it time and again.