Now even fewer reasons to buy a GM car

Linear Mode

Now even fewer reasons to buy a GM car

Maitre Offline

Offline

Member

Posts: 190
Threads: 4
Joined: Feb 2006

#4

02-12-2008, 04:25 PM

Quote:I think this is a symptom of what the unions have been doing for years: pricing themselves right out of the market. Not for the first time, either.

You got it. Economics of labor: at the enforced price of labor, the quantity of labor demanded is lower than the quantity of labor available = people in jobs make more, but fewer people have jobs. Effect of common COLA (cost of living adjustment) clauses, minimum wage, etc. Leads to either higher prices to maintain size of workforce, or smaller workforce to maintain product pricing.

Please note: oversimplification is employed in this statement.

but often it happens you know / that the things you don't trust are the ones you need most....
Opening lines of "Psalm" by Hey Rosetta!

Reply

« Next Oldest | Next Newest »

Messages In This Thread

Now even fewer reasons to buy a GM car - by Tris - 02-12-2008, 02:47 PM

Now even fewer reasons to buy a GM car - by Rhydderch Hael - 02-12-2008, 03:00 PM

Now even fewer reasons to buy a GM car - by Mavfin - 02-12-2008, 04:04 PM

Now even fewer reasons to buy a GM car - by Maitre - 02-12-2008, 04:25 PM

Now even fewer reasons to buy a GM car - by eppie - 02-13-2008, 08:11 AM

Now even fewer reasons to buy a GM car - by Munkay - 02-13-2008, 07:55 PM

Now even fewer reasons to buy a GM car - by eppie - 02-13-2008, 08:16 PM

Now even fewer reasons to buy a GM car - by Xame - 02-14-2008, 01:47 AM

Now even fewer reasons to buy a GM car - by Munkay - 02-14-2008, 04:35 AM

Now even fewer reasons to buy a GM car - by kandrathe - 02-14-2008, 02:22 PM

Now even fewer reasons to buy a GM car - by TaMeOlta - 02-14-2008, 02:42 PM

Now even fewer reasons to buy a GM car - by Munkay - 02-14-2008, 03:59 PM

Now even fewer reasons to buy a GM car - by Nystul - 02-14-2008, 05:32 PM

View a Printable Version

Users browsing this thread: 4 Guest(s)