WNC job losses soared in October

Comments on Topix forums : BOONE Western North Carolina experienced a flood of job losses in October, and the region may have slipped into a recession even before January, the month the federal government ... Full Story
powerstrap

Charlotte, NC

#1 Dec 6, 2008
All these facts should tell our civic and state leaders something.
Kaibab

United States

#2 Dec 6, 2008
NC is 12th in the nation concerning number of automotive related jobs. Please encouage your Congressman to support economic help for the automotive industry. SC is number 19 and they have a huge automotive facility in which the German gov is considering similar bailouts for their auto industry.

Bottom line, as a lot of economists have noted, bankruptcy of the US auto industry is not an option as it will surely lead to a depression.
nctxnc

Inman, SC

#3 Dec 6, 2008
I relucantly agree that the auto industry should get bailout money, but with the stipulation that at GM & Chrysler, the top executive teams will have to go. Can't expect the leaders at GM & Chrysler to have anything but the same results. At least at Ford, they started anticipating low cash flow two years ago and began taking steps to stop the bleeding.
girlie homie

Asheville, NC

#4 Dec 6, 2008
I have very little sympathy for the US auto industry. Where has managment been for the last 20 years? Cars were poorly designed, lacked quality and dependability, seemed outdated and boring for as long as I can remember. Trucks were the only viable product. Where was the sex appeal, value, gas saving features?
Kaibab wrote:
NC is 12th in the nation concerning number of automotive related jobs. Please encouage your Congressman to support economic help for the automotive industry. SC is number 19 and they have a huge automotive facility in which the German gov is considering similar bailouts for their auto industry.
Bottom line, as a lot of economists have noted, bankruptcy of the US auto industry is not an option as it will surely lead to a depression.
Geneho

Asheville, NC

#5 Dec 6, 2008
Why not get rid of all the over over over paid ,do nothing , ride it into the ground ,(did I mention over paid) CEOs before laying off the workers .
It seems that the people who actually build and people who engineer will be layed off and these fat cat bastards will stick around to suck up all the bailout money . Bailout money should never find it's way to be bonus s to these do little C E O s.
The big whig for Ford last week in front off Congress , did not have a game plan one . Duuuh
He just rode his jet there and stuck his hand out.
Based on a 40 hour week , he makes $ 80.00 a minute. Most have to work a day or more to take home that much . Where is the reasoning in someone sucking that much money out of a company. Can you imagine the chunk of change this fellow is going to take with him , when he jumps ship ? Bet he gets some of that bailout bonus .
Kaibab

Nanuet, NY

#6 Dec 6, 2008
girlie homie wrote:
I have very little sympathy for the US auto industry. Where has managment been for the last 20 years? Cars were poorly designed, lacked quality and dependability, seemed outdated and boring for as long as I can remember. Trucks were the only viable product. Where was the sex appeal, value, gas saving features?<quoted text>
Geez girl, I think your info is probably either 20 years old or from talk radio. You should read the latest JD Powers results, independent insurance test data, and look at the foreign companies that are building their cars on the new generation diesels and hybrid systems that were designed, engineered, and developed in Detroit. I'd bet my pay check that you believe the avg auto worker in Detroit makes over $73/hour!

If you kept up with world news, you would know that across Europe, China, and other Asian countries, these govs are working on bailout packages for their auto companies. Does this mean that all other foreign auto companies have been as poorly managed as Detroit as you claim? I hope you write to VW and tell them to give back the ~ half billion dollars in tax breaks to the state of Tenn. Oh, let me guess, you probably think what Tenn does is their business. Well, Obama will be using your money to help bailout Tenn as he has promised.
mike

Suffolk, VA

#7 Dec 6, 2008
The answer from Raleigh seems to be to increase fuel taxes, tax miles driven, double fees on auto registrations, and tax private wells. Those additional taxes really ought to encourage more employers to move here. Who hired these idiots?

Since: May 07

Manteo, NC

#8 Dec 6, 2008
Kaibab wrote:
NC is 12th in the nation concerning number of automotive related jobs. Please encouage your Congressman to support economic help for the automotive industry. SC is number 19 and they have a huge automotive facility in which the German gov is considering similar bailouts for their auto industry.
Bottom line, as a lot of economists have noted, bankruptcy of the US auto industry is not an option as it will surely lead to a depression.
What good will a bailout do if we can't afford to buy their vehicles?
Kaibab

United States

#9 Dec 7, 2008
mlc9852 wrote:
<quoted text>
What good will a bailout do if we can't afford to buy their vehicles?
Last year, over 16 million cars were sold in this country. This year's numbers will be ~ 10 million. The point being is that a lot of people have been able to buy cars over the past several years.

I think part of a bailout package should include giving the taxpayer a tax credit to buy a new car MADE IN AMERICA as it will help stimulate the economy. It will also help bring manufacturing jobs back home. Doing will help more people across this country increase their standard of living and be able to better afford basic necessities.
Larry

United States

#10 Dec 7, 2008
Kaibab wrote:
<quoted text>
Last year, over 16 million cars were sold in this country. This year's numbers will be ~ 10 million. The point being is that a lot of people have been able to buy cars over the past several years.
I think part of a bailout package should include giving the taxpayer a tax credit to buy a new car MADE IN AMERICA as it will help stimulate the economy. It will also help bring manufacturing jobs back home. Doing will help more people across this country increase their standard of living and be able to better afford basic necessities.
better, yet, tax credit for a DOMESTIC VEHICLE, not a foriegn vehicle assembled here...
Yep

Asheville, NC

#11 Dec 7, 2008
mike wrote:
The answer from Raleigh seems to be to increase fuel taxes, tax miles driven, double fees on auto registrations, and tax private wells. Those additional taxes really ought to encourage more employers to move here. Who hired these idiots?
Who hired them? Clueless democrats, too ignorant to see what oppresses them.

Since: May 07

Manteo, NC

#12 Dec 7, 2008
Kaibab wrote:
<quoted text>
Last year, over 16 million cars were sold in this country. This year's numbers will be ~ 10 million. The point being is that a lot of people have been able to buy cars over the past several years.
I think part of a bailout package should include giving the taxpayer a tax credit to buy a new car MADE IN AMERICA as it will help stimulate the economy. It will also help bring manufacturing jobs back home. Doing will help more people across this country increase their standard of living and be able to better afford basic necessities.
Sounds good. They have to do something to make people want to buy the vehicles. I just fear the Big 3 will be back in a couple of years asking for more help. They just can't compete with companies that aren't beholden to unions that don't have to pay huge pensions and health care expenses for former employees. And better warranties would help.

I remember when so many airlines went under. It was tragic but the nation survived. I guess we would surivive losing the Big 3 but it wouldn't be pretty.

Since: Feb 07

Location hidden

#13 Dec 7, 2008
NO BAILOUT!!!! Who gives a flip what other countries do. Let them sink or swim just like everyone else does. Take the money back from the banks too. This breast feeding is going to be the demise of America.

“Trust the Brits?Ask the Irish!”

Since: Dec 07

Dublin

#14 Dec 7, 2008
Is this the first time the tax payer has helped these yokels? How come we didn't help AMC when it bellied up? Think all those suppliers will fold if the Big 3 do likewise?(Don't think H, T and N, the new Big 3, will just absorb them?)

Let them go. They are so out of touch with the car buying public, and have been for so long, it is time. They haven't led in 40 years. They have contributed nothing to our lives for 40 years. They have only drained us with their shortsightedness and their pandering to the Great Unwashed, while they made billions in the short-term only to fail in the long.

Now with Honda out of racing it should be interesting to see where the American Roundy-Rounders go. Will NASCAR die with GM? I hope not, but what will it become?

Good ridance to Detroit.
Kaibab

United States

#15 Dec 7, 2008
Larry wrote:
<quoted text>
better, yet, tax credit for a DOMESTIC VEHICLE, not a foriegn vehicle assembled here...
Hey Larry, just a thought...
Most US assembly plants, whether American or foreign owned, produce their body-in-white shells and paint them within the plant facility. The powertrains and body hang-on parts come from all around the world... makes no difference wheether the company is US based or not.

Perhaps the bailout should include conditions that promotes an increase of US produced part content to promote more US mfg jobs.
Larry

United States

#16 Dec 7, 2008
Kaibab wrote:
<quoted text>
Hey Larry, just a thought...
Most US assembly plants, whether American or foreign owned, produce their body-in-white shells and paint them within the plant facility. The powertrains and body hang-on parts come from all around the world... makes no difference wheether the company is US based or not.
Perhaps the bailout should include conditions that promotes an increase of US produced part content to promote more US mfg jobs.
i agree...

they need to take away the incentives in upper management though, and clean house there... sounds like too many chiefs and very few indians...

as far as the UAW workers, freeze the wages for a few years, let the industry come back and then move accordingly with a wage/benefit package thats reasonable for both...
Kaibab

United States

#17 Dec 7, 2008
mlc9852 wrote:
<quoted text>
Sounds good. They have to do something to make people want to buy the vehicles. I just fear the Big 3 will be back in a couple of years asking for more help. They just can't compete with companies that aren't beholden to unions that don't have to pay huge pensions and health care expenses for former employees. And better warranties would help.
I remember when so many airlines went under. It was tragic but the nation survived. I guess we would surivive losing the Big 3 but it wouldn't be pretty.
Actually, the US auto CEOs have stated they will be back in a few months asking for more money.

Most of foreign car companies are unionized and actually pay their homeland workers a higher standard of living than the company pays their US workers.(Amazingly, some even have beer dispensers in canteens on the assembly line!) Only a few foreign assembly plants work a standard 40 hour week. VW just increased their work week from 28 to 35 hours.

None of the foreign car makers from a socialist based company pays any health care benefits... period. This automatically makes it an unfair playing field for our auto companies and any other US mfg competing against socialist based companies. This is hardly free trade!

We lost over a half million jobs last month. This is the number of new additional H1B jobs that Obama, Hillary, and our US Senators support in granting to the corporate community.

The airline industry bailouts cost the taxpayer over $42 billion. A number of economists estimate the big 3 bankruptcy to cost the taxpayer ~ 165 billion.

Perhaps more than granting a bailout, our gov should be making the trade rules fair for us, the middle class citizen.

Since: May 07

Manteo, NC

#18 Dec 7, 2008
Ribbon Boy wrote:
Is this the first time the tax payer has helped these yokels? How come we didn't help AMC when it bellied up? Think all those suppliers will fold if the Big 3 do likewise?(Don't think H, T and N, the new Big 3, will just absorb them?)
Let them go. They are so out of touch with the car buying public, and have been for so long, it is time. They haven't led in 40 years. They have contributed nothing to our lives for 40 years. They have only drained us with their shortsightedness and their pandering to the Great Unwashed, while they made billions in the short-term only to fail in the long.
Now with Honda out of racing it should be interesting to see where the American Roundy-Rounders go. Will NASCAR die with GM? I hope not, but what will it become?
Good ridance to Detroit.
And I just don't understand how increasing our deficit can be a good thing in the long-run. Will our currency be worth even less the more the deficit rises? Maybe we'll just go to the Euro. Maybe that's what our government wants.

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