TwixVoy
And what did you hear most americans say? "Those union workers make $20 an hour!!!!" "That is way too much money!!!" "They have good health care!!!!! HOW OUTRAGEOUS!!!" We are SO happy to cut our own throats for the top 1%. How DARE those workers demand good health care and middle class wages.
If employees can get $20/hr plus benefits then more power to them. Their excessive wages and benefits also added an extra $1500 in cost to each new car that was sold. When I, as an American citizen, make an independent decision to not purchase the product because of the added expense of which I don't wish to pay, you call that cutting my own throat. But, it just doesn't work like that in the real world. When you artifically inflate the value of a product to cover excessive expenses, then people are going to shop elsewhere. The American auto companies lost a lot of business over the last 40 years because they priced themselves out of the market given the quality (and in many instances, non-quality) of the product.
So if they can get the high income and beenies, good for them. Just remember it might be temporary and in the end they could just be screwing themselves.
Otherwise, your understanding of the retail market and economics overall is almost like that of a really smart 3rd grader.
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