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Posted on 9/15/23 at 9:15 pm to rrboy
Yeah, we’ll maybe the factory line workers should have gone to school past the 12th grade 
Posted on 9/15/23 at 9:19 pm to rrboy
There is no way Mary Bara is worth that salary.
What a joke.
What a joke.
This post was edited on 9/16/23 at 3:30 pm
Posted on 9/15/23 at 10:02 pm to rrboy
quote:
Average uaw worker makes about 67k a year.
Honestly, that is pretty damn good for someone with no education that gets to work in an air conditioned environment.
Yet they are going on strike to further the domestic vehicle “shortage”.
Posted on 9/15/23 at 10:04 pm to Spankum
I’m sure that figure includes benefits, insurance, 401k match, etc.
Posted on 9/15/23 at 10:19 pm to rrboy
67k a year sounds like a 40 hour work week, not counting overtime.
Quote from the UAW:
Quote from the UAW:
quote:
The 32-hour workweek is on the bargaining table as the United Auto Workers (UAW) negotiate a new contract. Under the proposal, workers would put in 32 hours and get paid for 40 hours; they would receive overtime pay for work beyond 32 hours. "Our members are working 60, 70, even 80 hours a week just to make ends meet," Union president Shawn Fain told NPR in an interview that aired Sept. 10. Union member Jerry Coleman in Ohio, for example, works a 7-hour 10-day shift. "That's not a living, that's barely surviving. And it needs to stop," Fain said.
Posted on 9/15/23 at 10:26 pm to rrboy
The simping for the megarich is hilarious. Guess what, they hate you and grease the palms of the government officials to get more money and power.
Posted on 9/15/23 at 10:40 pm to STLDawg
quote:
The simping for the megarich is hilarious. Guess what, they hate you.
They’re working way too much to increase sales/margins/profits to appease their stockholders (and hit profit goals to ensure bonuses) to worry about you—they don’t hate you.
Rounding numbers, GM’s CEO makes 30 million, with 150k employees who make an average of 80k.
CEO making $200 per employee seems reasonable to me. Ratio wise, it’s the same as someone who is a ceo of a company of 1000 employees making 200k/year (which seems quite low to be honest).
Posted on 9/15/23 at 10:47 pm to BoudinChicot
quote:LIterally, the answer was in my post.
And what more does a ceo do now than 100 years ago other than churn out WEF propaganda and take government bailouts for incompetence?
quote:
the guy that's good at attracting capital to pay for the robots is more valuable
quote:It doesn't take thousands of laborers to raise capital. That said, the CEO isn't the only benefactor. If you're trying to build wealth with manual labor in today world... you're doing it wrong.
Why should they be the only benefactors of mechanization?
Posted on 9/15/23 at 10:50 pm to rrboy
quote:
Dodge ceo makes 24 million a year. Average uaw worker makes about 67k a year.
The lesson here is Stay in School.
Posted on 9/15/23 at 10:52 pm to Lsupimp
quote:We both see this as a problem. Many see it as the solution.
The problem imho is that The State has to a large extent disincentivized the TRUE Free Market. And quoting political/economic philosophy becomes like white knighting for the prevailing State power grab. I don't really see GM like a legit private company that can fail. I see it as a State partner.
Philosophically, I don't understand those (and I'm not pointing this at you) that have a problem with "concentrated wealth" because it leads to concentrate power... wan the state... to solve it for them. The only way The State can "solve" that is with concentrated power (and violence) and taking the wealth. In reality... that's an even greater concentration of power and wealth than "the 1%" could ever wield.
Posted on 9/15/23 at 11:02 pm to wadewilson
quote:I'll bet you $100 your dad never considered his life "easy". (Because it wasn't). He just made it look easy. (Because he was a good dad)
My dad was solidly blue collar. Worked at the same place for near 40 years. My mom never had to work. We were never hungry. He paid off his house 30 years ago. We took multiple vacations every year.
quote:I hear this all the time. But I can probably find you a house, built in the 70s in a small town that doesn't cost 3-4 times as much now. We are much more (sub)urbanized. That's concentrated demand in cities and suburbs and driven up prices. And obviously new construction is larger, and far fancier than anything like the 70s. If you live a house iwht size, finishes and features of a 70s house... you'd be considered "poor". If a contractor built it... probably couldn't even sell it.
My wife and I both have to work to make the money he did, and housing costs 3 to 4 times as much now.
Posted on 9/15/23 at 11:11 pm to rrboy
This may be posted but I didn't see it
GM Total employees in 2022: 167,000
Mary Barra earnings last year: 29.000.000
So If she have all of it to her employees that would be
$173.65 each.
It would buy a few cases of beer.
GM Total employees in 2022: 167,000
Mary Barra earnings last year: 29.000.000
So If she have all of it to her employees that would be
$173.65 each.
It would buy a few cases of beer.
Posted on 9/15/23 at 11:16 pm to Taxing Authority
quote:
I'll bet you $100 your dad never considered his life "easy". (Because it wasn't). He just made it look easy. (Because he was a good dad)
Show me where I used the word "easy".
quote:
I hear this all the time. But I can probably find you a house, built in the 70s in a small town that doesn't cost 3-4 times as much now.
12,000 people in my town. The 1000sf houses that were built in the 70's start at $160k in shite neighborhoods.
Posted on 9/15/23 at 11:23 pm to STLDawg
Oh no the scary rich people are out to get us so we need government to save us before we start a revolution!
Says the fat guy drinking a beer and snacking on a bag of chips while sitting in front his TV playing on his phone. Yeah the rich folk are really oppressing you.
Says the fat guy drinking a beer and snacking on a bag of chips while sitting in front his TV playing on his phone. Yeah the rich folk are really oppressing you.
Posted on 9/15/23 at 11:45 pm to wadewilson
quote:Then I have no idea what you're complaining about. If you want an above average lifestyle, you have to do above average things.
Show me where I used the word "easy".
quote:Yep. Same house is now considered "poor". And for the record, the CPI from 1975-2023 at 3.68% is 465%. So, houses costing 3-4x as much... are actually more affordable today, simply by inflation. And that doesn't even take account the difference in borrowing rates over that period.
The 1000sf houses that were built in the 70's start at $160k in shite neighborhoods.
Posted on 9/16/23 at 12:07 am to biglego
quote:Hard to argue with that. We're really in uncharted territory as far as 'poor' people being able to live comfortably. Until we aren't and some unforeseen event changes the paradigm and upsets the apple cart. Short of something like that most people are content to consume themselves into oblivion.
Even the poor people in America are fat and have cell phones. Comfortable people don’t start revolutions.
This post was edited on 9/16/23 at 12:08 am
Posted on 9/16/23 at 12:08 am to wadewilson
quote:
12,000 people in my town. The 1000sf houses that were built in the 70's start at $160k in shite neighborhoods
160k for a house these days sounds reasonable. Here are prices from McDonald’s in the 1970’s.
Posted on 9/16/23 at 12:10 am to rrboy
And that person is responsible for 23b in profits. The ppl striking honestly should be working at McDonald’s.
Posted on 9/16/23 at 12:17 am to Taxing Authority
quote:
Then I have no idea what you're complaining about. If you want an above average lifestyle, you have to do above average things.
Don't mistake recognizing an observable fact as complaining.
quote:
Yep. Same house is now considered "poor".
Because they are, and they're poorly constructed.
Newer houses, which cost 2-2.5 times as much and have twice as much square footage end up with cheaper utility bills because they have insulation.
quote:
So, houses costing 3-4x as much... are actually more affordable today, simply by inflation. And that doesn't even take account the difference in borrowing rates over that period.
You're assuming wages kept up with inflation. They have not.
Do you think $120k house at 10% is cheaper than a $400k house at 7%?
This post was edited on 9/16/23 at 12:22 am
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