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.
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.