[quote=no_such_reality]Bunk, I too worked in Detroit once removed from auto. Go and Chrysler died because executive management took theceasybpath and short term profits and gains for themselves instead of making necessary structural changes.
Sure the unions were tone deaf, management was short sighted.[/quote]
Regardless, the outcome turned out to be the same as we’re seeing today, NSR. In your example, mgmt plundered the organization and then ran off with the proceeds, leaving their longtime assembly lines grossly underfunded and their loyal workforce in a lurch. In recent years, mgmt decided to move their factories to a country where the customary wages are 1/10th or less than they are in the US, leaving their longtime workers jobless in a region with no other type of industry for many miles around.
In both cases, the longtime union-member employees paid the ultimate price.
