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To: CSM
Not an accurate depiction of the labor rate in China

You have a better one? Please, enlighten us!!

But when cars first came to the US many creative methods were used in purchasing the cars, until wages caught up.

Such as?

"What GM is actually predicting is that the US market for GM cars will be gone by 2020."

I will admit to being sarcastic.

However, Forbes Magazine is not much more optimistic about GM's market position in the USA than I am.

154 posted on 04/18/2005 12:10:22 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: ninenot

"You have a better one? Please, enlighten us!!"

Depending on the data used in the discussion, the wage can be a few dollars per worker. Granted you don't have the wage levels you have here or the total compensation packages, but it ain't no "$0.30 an hour" in China.

Let me ask you this, is it more acceptable for me to automate a mfg. facility and eliminate jobs or is more acceptable to move jobs to lower cost regions of the world?

"Such as?" Pooling of resources by multiple generations or multiple workers or multiple families. Imaginations are sometimes able to find solutions to transportation problems.

"However, Forbes Magazine is not much more optimistic about GM's market position in the USA than I am."

There is a big difference between GM's market and the US total market. Which one do you want to discuss?


163 posted on 04/18/2005 12:20:05 PM PDT by CSM
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