ROK Hyundai doesn’t pay $5 a day to build cars. Are you kidding? Just in case you didn’t know, Hyundai doesn’t build cars in little shacks in ROK. They have factories all over the world. Hyundai/Kia is ranked 5 or 6 worldwide in # of cars they sold recently. I think Hyundai outsold Nissan last year.
AND Hyundai Motor has pretty aggressive unions. It’s infamous. They stage strike almost every year.
One thing Hyundai Motor doesn’t have to worry about is paying for health care of workers/retirees because it’s paid for by govt. That’s right, ROK govt offers universal healthcare for all citizens AND people of Korean ancestry who are citizens of other country. You pay a monthly fee (adjusted for your income level) to enroll and you are covered.
I’m confused why you are picking on Hyundai/ROK. Is it because the actor is promoting Hyundai? Where’s China in your grumbling? Do you know how unfair China’s trade policy is? Like allowing only 10 premiers per year of movies from USA? And how unbalanced the trade is between China and USA?
A little history lesson.
Here’s how ROK’s GDP per capita moved in 57 years.
$976 – 1950
$19,983 – 2007
If you really want to level complaint at someone/nation publicly, you should know more about it a bit more…
Final comment.
I will tell you what’s really wrong with US. It’s the lack of focus on education. The only reason ROK went from GDP per capita of $976 in the 1950’s to $19,983 of 2007 is because of education. ROK’s education isn’t without its faults of course. How much focus are we putting on educating our kids?
