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Originally Posted by David Fermani
You're right about that Jason. Imagine how much worse things could get for not only Michigan, but the entire country. I think the only ones to gain from it would be the non-Big 3 American car companies.
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Yep, estimates are the the big 3 generate Approx 10 MILLION jobs (OEM, Dealers, Suppliers, Logistics, Service Industry that supports workers, etc) creating $330 BILLION in annual income that alone is STAGERRING, then you also need to factor in the taxes that each plant contributes to the city/town in which it operates...
Quote:
Originally Posted by DaGonz
The fat cats who run the companies should bite the bullet and take a salary no more than the average worker. Someone who makes $16.5 million a year can afford it...
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Agreed
Quote:
Originally Posted by DaGonz
when Lee Iacocca went to the feds for loan to save Chrysler in the mid 70's he took a salary of $1 a year.
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Ha ha, Lee was no fool... Dont be fooled, He did VERY well that year after stock options/bonus'.... The $1 pay was all smoke and mirrors