As I said the dominos have begun to fall, how and when they stop is anyones guess. Very scarry, I am not trying to be sarcastic but I would love to have keep track of how many PC'ers lose their job in the next 3-6 months. Hold on tight, I think any control the gov may have had is gone.
From hybrid buyer anticipates we skipped the gas gouge of '08. With cash and credit rates secured we're seen as customers to be lured if nothing else to get in trade our hybrids bought and early made. Bob Wilson
Here's a few changed lyrics in the Holiday spirit: Jolly Old St. Nick, as sung by Detroit execs. Gen-rous U.S. government, Bring your checkbook near Don’t you heed the nasty calls To let our cars disappear Christmas Eve is coming soon, Before the Bush-time passes We’d like to earn our bonus bucks By saving or sorry assets Chrysler wants Iacocca back Ford wants a Fusion blast, GM hopes its little Volt Will make the profits fast. Why did we kill the EV-1 Why didn’t we R & D Maybe all us Detroit types Should get a plug-in Pri! -CH, Naramata, BC, Canada.
I am afraid there will be plenty of misery to go around. You are from the rust belt, how many jobs do you think will be lost in your area if Detroit goes down? What do you do?
i'm a scientist. we're used to the ugly funding climate, thanks to 8 years of science budget neglect that has nearly halved effective funding. i am not worried about my own personal situation, so don't bother with scare tactics. we live on a single guaranteed income and i still manage to put my husband through college. (yes, that's right, he used to work at the dealership. we did suffer a job loss last year when the service economy first contracted.) where i come from isn't really considered the rust belt. where i live now is faring ok so far. and i don't think detroit will go down, i think if they do this "orderly bankruptcy" thing that is in the news and they do it wisely, they will at the very least survive the economic downturn. there will not be a gaping hole left where these companies once sat. losses occur when big companies contract, it happens, but it will not be the catastrophe you continually predict.
Seems painful, but it's a good idea. No use in building more vehicles you can't sell. Better to lose a couple of weeks pay than to lose your job. Those auto workers who lose just a couple of weeks pay should thank their employers for that opportunity. I wish, back in early 2001, I had been furloughed for a couple of weeks, a month, six months - rather than be laid off in a down market. It took me much longer than six months to find another job. There was no bailout considered for the technology sector.
I thought it was the other way around. White colors are being paid. Blue collars are not (unless the supplement they're getting is the equivalent of being paid). * * * * * * * In any event, I find the loss of manufacturing and blue collar jobs distressing. I used to be a steelworker in the Seventies. Got laid off in 1975, when the industrial belt began to rust.
From the article: "Laid-off workers at Ford and Chrysler get vacation pay for the normal holiday shutdown, then will receive unemployment benefits and supplemental pay from the company that total about 85 percent of their normal pay."
So, now that the Fed and Province have announced the 4.2 billion thing, wonder if those plant furloughs will still go ahead? Yes, I bet it will
i have had a dozen job changes with 3 of them simply going away. one either survives or not and not all will land on their feet. but that is life. there is no doubt, a significant number of auto workers who have done very little other than their current job and many out of frustration or fear of the unknown, will fail. that is bad, but continuing to prop up a failing business model is quite simply not my responsibility.
