Wednesday, April 01, 2009

Tired of the Auto Industry Mess

I just about choked the other day when I read yet another report about the auto industries demise. No sympathy here. The writing was on the wall. Big, honking SUV's from the big North American Automakers are gas guzzlers, environmental disasters and most people who drive them, only need them to boost their ego not to navigate the rugged back country or transport their tools. I guess the margins where bigger than for smaller, economical cars and why not milk it to the bitter end? But what got really got me was one line where an hourly wage of an autoworker was mentioned. Are you sitting down? $79! You are kidding me. To put it into perspective, a registered nurse makes less than half that. Sorry guys, time to get real and cut those fat pay checks. You had enough time to put away a nest egg or pay down the mortgage and if you haven't, well, welcome to the real world.

No comments: