GM strike

[Yoshie Furuhashi]

Dennis R wrote:
>And intellectuals have a *key* part to play here. GM wants to shut its
>North American plants down completely; but if wages are so darn high here,
>why are Honda, Mitsubishi, Toyota, Daimler etc. setting up plants here?
>Stupidity? That fabled Japanese/German quest for world hegemony? Hardly.
>They're here because GM produces crap and expects consumers to buy it,
>which they don't; so other, more efficient and better-organized
>competitors have moved in.

Well, American workers are _cheaper_ than German ones, aren't they? And
Japanese auto manufacturers set up plants here to escape the quota. And
both German and Japanese firms were given great deals from local
governments--in terms of taxation, land use, etc.--so it's no wonder they
set up shops.

Yoshie