The mammoth troubles facing GM, Ford and their auto parts makers are merely a symptom of the global leveling of manufacturing that has been underway for some years.
Stop and think. We're told this week that the average annual wage for a Ford family production line worker is an astounding $65,000! Where else in the world can an uneducated, ignorant, untalented, unskilled slob who tightens bolts make anything approaching that figure? Especially when working for a company that can't move its inventory of unwanted products!
At least in Germany, where auto workers' pay is nearly comparable to their U.S. counterparts, those employees possess technical skills plus a minimum high-school education.
Of course, in South Korea, such workers make about 20 percent of the $65, 000 the American schlubs '"earn." But the Koreans at least possess real skills and a real education. And in China, $650 a year is real good.
So get used to less, beer-bellied Amer'cun slobs! The good old days are never coming again - except for those with education and genuine
21st century skills! Globalism is eatin' your lunch!Really no surprise.