Boeing builds a second plant in SC

I'm not finding anything atm concerning the bolded portion. Source?

This is my understanding of what the situation was:



http://www.manufacturing.net/News-GM-Vs-Toyota-Wages-And-Benefits.aspx


It's really, really, really, really, simple.

Obligations accrued decades ago were not paid as they were accrued.

This does not make obligations accrued decades ago in any way, shape, or form, a part of current labor costs.

When you do not add in costs which are not part of current labor costs, UAW labor costs are competitive.

Only by adding in costs which are not current labor costs do you get numbers that make UAW costs look significantly out of line with non UAW costs.
 
Ahh, gotcha. I eventually found this, which explains it well:

As David Leonhardt pointed out in the New York Times (countering, in a sense, the earlier piece by Sorkin), the average GM, Ford and Chrysler worker receives compensation – wages, bonuses, overtime and paid time off – of about $40 an hour. Add in benefits such as health insurance and pensions and you get to about $55. Another $15 or so in benefits to retirees (known as "legacy costs") brings the number to roughly $70.

http://www.factcheck.org/2008/12/auto-worker-salaries/
 
I am too tired and sick to deal with your projected strawman fantasies. When you stop mischaracterizing my statements, I'll be back.
I don't believe I did use "strawmen"; rather, I described, in the first place, a general tendency with which you seemingly voluntary to stand as a representative of, and in the second, your line of argument as I understood it. If you take legitimate issue with these characterisations, you should be able to refute them with ease.
 
Ahh, gotcha. I eventually found this, which explains it well:



http://www.factcheck.org/2008/12/auto-worker-salaries/

That $73 figure was from the mouth of the beast itself in its SEC filings, and it does not include legacy costs. According to accepted accounting rules, future benefits are accounted for as they accrue.

The total of both cash compensation and benefits provided to GM hourly workers in 2006 amounted to approximately $73.26 per active hour worked. This total is made of two main components: cash compensation ($39.68) and benefit/government required programs ($33.58).

The average annual cash compensation for hourly employees in 2006 was $39.68 per hour. Included in average earnings are straight-time pay, Cost of Living Allowance (COLA), night-shift premiums, overtime premiums, holiday and vacation pay. In 2003, GM workers logged 41,363 (hours in 000’s) in overtime hours for an average of 371 hours per worker; in 2004, 39,409 overtime hours for an average of 374 hours per worker; in 2005, 33,555 overtime hours for an average of 337 hours per worker; and in 2006, 27,265 overtime hours for an average of 315 hours per worker.

Benefit/government required programs in 2006 added an additional $33.58 for each active hour worked. These costs include: group life insurance, disability benefits, and Supplemental Unemployment Benefits (SUB), Job Security (JOBS), pensions, unemployment compensation, Social Security taxes, and hospital, surgical, prescription drug, dental, and vision care benefits.
 
I am too tired and sick to deal with your projected strawman fantasies. When you stop mischaracterizing my statements, I'll be back.
You haven't actually renounced your belief in Just Price or Market Value, so until then, it's not a mischaracterization.
 
Boeing's down and we bought 2,000 dollars worth of it, so hopefully this will help its finances in the long run, which in turn trickles down to us.

Ahem. As for the union... I concur.

Unless Boeing's signed an agreement to not expand elsewhere, I don't see an issue. If the union wants power over the business, vote in some actual socialists. Until then, shareholders rule the company, and the workers apparently want it that way since they have a chance to change that every 2 years.

Granted, this may be a way to undercut the union... but it seems to be technically legal. Which obviously is what matters in a court of law.

Ethical or moral? Maybe not. Legal? Heck yes. So, no issue here. This is a case of the one side, rather than the other, claiming whatever their opponent does is illegal(yes, there may be no cries of "unconstitutional" but the point remains).
 
You haven't actually renounced your belief in Just Price or Market Value, so until then, it's not a mischaracterization.

You, my good sir, are a world-class salsa dancer and enjoy wearing womens panties every other Thursday because the silky-smooth lace makes you feel sexy. You haven't actually renounced that statement, so until then it is not a mischaracterization. :crazyeye:

I believe in market value, but factory worker rates are artificially high because of the unions, thus bypassing the market value belief structure. Believing that people with education deserve higher wages than the uneducated has nothing to do with Just Price.
 
You, my good sir, are a world-class salsa dancer and enjoy wearing womens panties every other Thursday because the silky-smooth lace makes you feel sexy. You haven't actually renounced that statement, so until then it is not a mischaracterization. :crazyeye:
That is untrue.
There, that was simple, and I didn't whine about strawmen for two pages.

I believe in market value, but factory worker rates are artificially high because of the unions, thus bypassing the market value belief structure.
But that's not a belief in market value at all. If you believe in market value, the market value is what they are paid. They are able to receive their wages, and therefor that is the market value of their wages. If you believe otherwise, you can try offering them less for their services, and see if they sell them.
Believing that people with education deserve higher wages than the uneducated has nothing to do with Just Price.
Yes it does. If you believe people deserve wages, especially for things that have nothing to do with their economic output, then you are giving up on the concept of market value.
 
That is untrue.
There, that was simple, and I didn't whine about strawmen for two pages.

I did just the same, but Traitorfish continued heaping it on, leaping from one subject to the next. I love how you’re characterizing two posts on one page where I am directly refuting his claims as “whining for two pages.” :rolleyes: Could you over-exaggerate a little more, please? I have not yet received my quota of the week for dealing with irrational people making outlandish claims on the internet.

But that's not a belief in market value at all. If you believe in market value, the market value is what they are paid.

No, market value is what they would be paid if not for the interference of the labor union. I’m sure we can all agree that the auto workers would not be paid/compensated as highly as they are, if not for the work of the unions. There is an underlying value to the work that they perform, but competition between workers to drive the market value does not exist when the unions prevent competition. They do the exact opposite.

Yes it does. If you believe people deserve wages, especially for things that have nothing to do with their economic output, then you are giving up on the concept of market value.

>.> Just Price deals with consumers purchasing goods/services, not with what employers pay employees.

A pertinent Degree can have a direct impact on a person’s economic output, because they have been properly educated and trained in their field, thus increasing their knowledge & proficiency which leads to better performance.

A person’s economic output isn’t even the chief concern in a number of industries as their work has no direct impact on goods/services being sold, ie. Scientific/legal researchers, teachers, consultants, zoo vets, janitors, etc., so that point is moot.

Workers in a field who hold a Doctorate demand higher pay than someone in the same field who only has a Bachelor’s degree. Going on down the ladder, workers who hold a Bachelors demand higher pay than someone who only holds an Associate’s degree. Someone with an Associate will demand more pay than someone who only has a few credit hours. This is not debatable. This is a phenomenon that happens in every industry that requires education.

I think you can see where I’m going with this.

[Edit:] You probably don't. -_-

Sure, demand for skilled workers can dictate that those workers be paid more, but manufacturing is not one of those industries. There is no demand for such highly-skilled workers that warrants them earning more money than educated workers because anyone can do what a factory worker does. All their job requires is OJT. Their job is not more important to society, or to the economic market, than any other, so why are their wages/benefits so much higher than many others? Because of the influence of the labor union, which is artificially inflating the wages/benefits that they earn.

Moderator Action: Ease off on the personal remarks.
Please read the forum rules: http://forums.civfanatics.com/showthread.php?t=422889
 
I did just the same, but Traitorfish continued heaping it on, leaping from one subject to the next. I love how you’re characterizing two posts on one page where I am directly refuting his claims as “whining for two pages.” :rolleyes: Could you over-exaggerate a little more, please? I have not yet received my quota of the week for dealing with irrational people making outlandish claims on the internet.
Dealwithit.jpeg

No, market value is what they would be paid if not for the interference of the labor union.
So the market is an entirely fictitious invention? It is a fantasy land entirely abstracted from the actual market, where goods are bought and sold.
I’m sure we can all agree that the auto workers would not be paid/compensated as highly as they are, if not for the work of the unions.
No. Perhaps without the unions they would have gone on to new employment as sky-pirates and cause such terrors to cities vulnerable to their daring zeppelin raids, that they would be offered their old jobs but with the salaries of Jillionares. But from the perspective of the market, that's irrelevant.
There is an underlying value to the work that they perform, but competition between workers to drive the market value does not exist when the unions prevent competition. They do the exact opposite.
They've adapted to the market, oh well.

>.> Just Price deals with consumers purchasing goods/services, not with what employers pay employees.
Labor is a service.

A pertinent Degree can have a direct impact on a person’s economic output, because they have been properly educated and trained in their field, thus increasing their knowledge & proficiency which leads to better performance.
It can. It doesn't necessarily, and it doesn't entitle someone to it, if the market doesn't find value in it.

A person’s economic output isn’t even the chief concern in a number of industries as their work has no direct impact on goods/services being sold, ie. Scientific/legal researchers, teachers, consultants, zoo vets, janitors, etc., so that point is moot.
That explains their low income.

Workers in a field who hold a Doctorate demand higher pay than someone in the same field who only has a Bachelor’s degree. Going on down the ladder, workers who hold a Bachelors demand higher pay than someone who only holds an Associate’s degree. Someone with an Associate will demand more pay than someone who only has a few credit hours. This is not debatable. This is a phenomenon that happens in every industry that requires education.
If it is not debatable, why are you objecting that these people make more money then those with a higher education.

Sure, demand for skilled workers can dictate that those workers be paid more, but manufacturing is not one of those industries. There is no demand for such highly-skilled workers that warrants them earning more money than educated workers because anyone can do what a factory worker does.
No, only a member of the Union can.
Their job is not more important to society, or to the economic market, than any other,
Shouldn't we let the market decide that?
so why are their wages/benefits so much higher than many others?
Superior abilities at co-cooperatively negotiating contracts, in order to get exclusivity deals. It's a common practice in the free market.
Because of the influence of the labor union, which is artificially inflating the
wages/benefits that they earn.
I find it odd that the labor union is "artificial". I didn't realize that automobile factories were a form of fungus, existing in nature without the intervention of man.
 
So the market is an entirely fictitious invention? It is a fantasy land entirely abstracted from the actual market, where goods are bought and sold.

No, the worker market is typically derived from the individual worth of the worker compared to the worth, and number of, their fellow workers. Manufacturing jobs consist of high pool of competitors with a nearly equal level of individual worth (skill/education). That type of situation does not drive wages up. It keeps them low.

No. Perhaps without the unions they would have gone on to new employment as sky-pirates and become jillionares. But from the perspective of the market, that's irrelavent.

Sure, we’re all millionaires lying in wait. :lol:

They've adapted to the market, oh well.

No, they’ve changed the market.

Labor is a service.

Corporations are typically not consumers in the traditional sense, but I see your point.

It can. It doesn't necessarily,

Which is why I used the word “can” >.>

and it doesn't entitle someone to it, if the market doesn't find value in it.

Agreed, and herein is the crux of our disagreement. You apparently believe that a factory worker’s service is irreplaceable and extremely valuable to the market. I don’t. I’ve already explained the reason behind my PoV, but I’m still waiting for someone to explain why their service as factory workers is so valuable as to command their level of wages/benefits. Their jobs do not require more education than working at McDonald’s, which does not promote higher wages. Their jobs have a lot more people competing for them, which does not promote higher wages. Their jobs are no more important to the market or society, which does not promote higher wages.

That explains their low income.

Scientists, zoo vets & consultants do not have low incomes.

If it is not debatable, why are you objecting that these people make more money then those with a higher education.



No, only a member of the Union can.

Often time only Union workers can perform the work. Do you see the disconnect now?

Shouldn't we let the market decide that?

We absolutely should. Disband the unions and see what happens.

Superior abilities at co-cooperatively negotiating contracts, in order to get exclusivity deals. It's a common practice in the free market.

No, it’s not. It is exclusive to unions. That also does not justify their economic/societal worth.

I find it odd that the labor union is "artificial". I didn't realize that automobile factories were a form of fungus, existing in nature without the intervention of man.

ar·ti·fi·cial –adjective
1.made by human skill; produced by humans ( opposed to natural): artificial flowers.
2.imitation; simulated; sham: artificial vanilla flavoring.
3. lacking naturalness or spontaneity; forced; contrived; feigned: an artificial smile.

I find your propensity to take statements out of context and twist them in order to make points that are irrelevant to the context, to be odd. Keep it up, though. You might just make me ask "why bother?" and stop trying to contribute to the thread.
 
You, my good sir, are a world-class salsa dancer and enjoy wearing womens panties every other Thursday because the silky-smooth lace makes you feel sexy. You haven't actually renounced that statement, so until then it is not a mischaracterization. :crazyeye:

I believe in market value, but factory worker rates are artificially high because of the unions, thus bypassing the market value belief structure. Believing that people with education deserve higher wages than the uneducated has nothing to do with Just Price.

Actually, factory workers make an artificially low wage due to extreme excess supply of labor.
 
No, the worker market is typically derived from the individual worth of the worker compared to the worth, and number of, their fellow workers. Manufacturing jobs consist of high pool of competitors with a nearly equal level of individual worth (skill/education). That type of situation does not drive wages up. It keeps them low.
Wait, I'm confused; the wages of an individual worker is determined by the exchange value of the product of their labour, but a change in the supply of labour can increase or decrease their wages without correspondingly increasing or decreasing the exchange value of the product of their labour? How does that follow? :confused:
 
No, the worker market is typically derived from the individual worth of the worker compared to the worth, and number of, their fellow workers. Manufacturing jobs consist of high pool of competitors with a nearly equal level of individual worth (skill/education). That type of situation does not drive wages up. It keeps them low.
So fine. Their wages are low. What's the complaint?

Sure, we’re all millionaires lying in wait. :lol:
Hey, at least I appeal to pleasant fantasy worlds to make my arguments.

No, they’ve changed the market.
Well of course they've changed the market. That's the nature of the market. A market that does not change is no market. You can complain that they've changed the market just by showing up to work, regardless of what they paid, and that the company changed the market by hiring them, and so on.

Which is why I used the word “can” >.>
So your argument is that people should not be paid more then people, who can, in certain circumstances be more productive then they are? How can anyone's wage ever be determined then? Aren't those people with higher degrees also making an unfair wage because people without any education at all can be more economically productive then them?

Agreed, and herein is the crux of our disagreement. You apparently believe that a factory worker’s service is irreplaceable and extremely valuable to the market.
If it wasn't, and they could get someone to do it cheaper, they would. It always seems odd to me that the people who argue for the free market the most have the littlest faith in it to do what it's supposed to without outside intervention.
I’ve already explained the reason behind my PoV, but I’m still waiting for someone to explain why their service as factory workers is so valuable as to command their level of wages/benefits.
Because the market has decided as such.
Their jobs do not require more education than working at McDonald’s, which does not promote higher wages. Their jobs have a lot more people competing for them, which does not promote higher wages. Their jobs are no more important to the market or society, which does not promote higher wages.
But McDonald's employees have failed to take advantage of their assets.
Scientists, zoo vets & consultants do not have low incomes.
Well that doesn't seem unfair to you?


You know, if you had a brain, you'd know what a strawman is. Now, you've claimed it's NOT DEBATABLE that someone with a higher degree commands a higher wage then someone who doesn't. If that is true, then it is NOT DEBATABLE that someone with a high degree commands a higher wage then someone who doesn't and works in an automobile plant, and you have nothing to complain about. If it IS DEBATABLE that these people command a higher wage then those who have higher education, then it IS very easily debatable that someone with a higher degree commands a higher wage.

Often time only Union workers can perform the work. Do you see the disconnect now?
No. The market has decided that's a pre-requisite to do the work. If you're going to say that the market should not decide who can be employed in a job, well, then you can try moving to Cuba or something.


We absolutely should. Disband the unions and see what happens.
Disband the corporations. Disband land ownership. Disband right to contract. Disband the competition. Disband the consumer. Disband rent costs. Disband whatever you like, but it doesn't change the fact that as soon as you do that, you are interfering with the market.

No, it’s not. It is exclusive to unions.
Exclusivity deals are unique to unions? Wow, you know, maybe you do know how much auto-workers make in a fantasy world, because you are living in one.

That also does not justify their economic/societal worth.
And the market doesn't require people to justify their economic/societal worth. Like I said, if you want a society that fixes wages in response to your societal worth, those are scarce these days, but you can try Cuba or the DPRK.

I find your propensity to take statements out of context and twist them in order to make points that are irrelevant to the context, to be odd. Keep it up, though. You might just make me ask "why bother?" and stop trying to contribute to the thread.
And I find your tendency to make statements and hope no one puts them in context and underlies the constant contradictions to be odd.
But I'll run with your definition. If Unions are simulated, what's the complaint here? I don't complain that simulated Demomen are paid more then simulated Soldiers. So why are you upset about simulated unions? If your complaint is that they are forced, contrived and lack spontaneity perhaps you could provide method acting lessons to make them more lively.

Moderator Action: Infraction for trolling. Don't make the argument personal.
Please read the forum rules: http://forums.civfanatics.com/showthread.php?t=422889
 
Disband whatever you like, but it doesn't change the fact that as soon as you do that, you are interfering with the market.
fyi: unions aren't a competitive, market force. They are labor cartels that collect additional wages and benefits by restricting the supply of labor; that they aren't particularly beneficial in their present incarnation is clear by the rapid death of private-sector union representation. In general, unions only continue to survive because they are granted privileges by legislators -- they are exempt from antitrust laws; they don't pay taxes; by law, companies have to negotiate with unions "in good faith." etc.

If unions were a natural evolution of the market, they wouldn't need to be kept afloat by the government.
 
If unions were a natural evolution of the market, they wouldn't need to be kept afloat by the government.
Couldn't you say much the same thing of limited liability companies?
 
I believe in market value, but factory worker rates are artificially high because of the unions, thus bypassing the market value belief structure.
Are rates artificially distorted downward when the owners of a business are collectively represented?
 
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