How it got this way is _highly_ interesting, if one studies the case of
In the '80s Caterpillar's union was looking for the same sort of
baksheesh the automakers' unions got, and went on strike. Cat stared them
down and said "NO". The strike was long and difficult, but Cat won.
Today, Caterpillar is the antithesis of the automakers, competing very
handily against foreign competitors, even at home.
In whose dreams? Koobies and Mitsies are trash. Post-strike Cats
aren't much better. The way they compete against jap trash is to
engineer every nickel out of everything they make. Look at a D-series
big bore versis the cheesy 3500 and 3600s made today. No comparison;
the later engines were designed to eliminate ANY assembly operations
they could and still throw the piece of shit together. The old
D-series engines were labor intensive, but much better engines (and
long lived) overall. To compensate, Cat just threw a ton of turbo
boost on the new ones. They're crap.
So what if they were crap, they were selling. Many of the sales were to
foreign governments that put a bid out and the low price got the sale.
My point is that we are competing on a global scale. While the company and
union was arguing about wages here, the government of Burma or Sudan or
wherever bought the backhoe from Kubota.
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