Quote:
RC said:
Great. Porsche provides pretty stable jobs, even a bonus, they invest money in Germany and...the union calls for a strike.
Germany has serious economic problems right now, next year our VAT will increase by 3%(!) because the state doesn't have enough money and too many debts.
In my business for example, they introduced some pretty intrusive and harsh measures to forbid certain rebates from the factories for us. Can you imagine? The state inteferres with how we are doing LEGAL business. They want to increase working force and to reduce the unemployment rate and at the same time, they force me to put people on the street. Very clever. Of course I won't do that because I need my employees (I have two little kids and I want to see them grow up, not only on vacations) but employee cost has increased a lot. If I would tell you guys how much I pay insurance/social security for my employees, especially the people in the US would
To be honest: right now I don't see any light at the end of the tunnel. Companies are moving productions outside Germany, same applies to development. And once they've gone...
Feb 28, 2006 10:17:44 AM
Quote:
Jim48 said:
By making itself more profitable, Porsche was hoping to ensure its longer-term survival as an independent company, something that would provide a long-term benefit to all the Porsche workers, and continue to provide customers with some of the finest cars in the world. Now the union members decide to go goofy, attempt to destroy that profitability, and incidentally, their own prospects for long-term employment at high-paying jobs.
If the union succeeds in bilking the company, it will only be to their members' own long-term harm. As a professional economist, I am constantly amazed at the ignorance of union leaders and their members when it comes to doing things that hurt them in the long run.
Jim
Feb 28, 2006 11:22:35 AM
Feb 28, 2006 12:20:13 PM
Quote:
Jim48 said:Quote:
RC said:
Great. Porsche provides pretty stable jobs, even a bonus, they invest money in Germany and...the union calls for a strike.
Germany has serious economic problems right now, next year our VAT will increase by 3%(!) because the state doesn't have enough money and too many debts.
In my business for example, they introduced some pretty intrusive and harsh measures to forbid certain rebates from the factories for us. Can you imagine? The state inteferres with how we are doing LEGAL business. They want to increase working force and to reduce the unemployment rate and at the same time, they force me to put people on the street. Very clever. Of course I won't do that because I need my employees (I have two little kids and I want to see them grow up, not only on vacations) but employee cost has increased a lot. If I would tell you guys how much I pay insurance/social security for my employees, especially the people in the US would
To be honest: right now I don't see any light at the end of the tunnel. Companies are moving productions outside Germany, same applies to development. And once they've gone...
By making itself more profitable, Porsche was hoping to ensure its longer-term survival as an independent company, something that would provide a long-term benefit to all the Porsche workers, and continue to provide customers with some of the finest cars in the world. Now the union members decide to go goofy, attempt to destroy that profitability, and incidentally, their own prospects for long-term employment at high-paying jobs.
If the union succeeds in bilking the company, it will only be to their members' own long-term harm. As a professional economist, I am constantly amazed at the ignorance of union leaders and their members when it comes to doing things that hurt them in the long run.
Jim
Mar 2, 2006 3:42:35 PM
Mar 2, 2006 3:57:55 PM
Mar 2, 2006 5:43:29 PM
Quote:
nberry said:
The matter will be resolved.