Auto Industry Drama

PHOTO: Greek Drama

This was too clever, I had to repost it from Juan Cole’s comment section.

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THE TRAGEDY OF THE AMERICAN AUTOMOBILE INDUSTRY: A Play in Three Acts

Dramatis Personae

BIG THREE, a manufacturer of automobiles
UAW, Big Three’s employee
MITT ROMNEY, an idiot

ACT ONE

BIG THREE: I have plans to build automobiles, but I need labor to do so!

UAW: I will labor for you if you will pay me $40 per hour.

BIG THREE: I will not pay you $40 per hour.

UAW: But I need to save for my inevitible retirement, and any health concerns that may arise.

BIG THREE: I will pay you $30 per hour, plus a generous pension of guaranteed payments and health care upon your retirement.

UAW: Then I agree to work for you!

ACT TWO

UAW: I am building cars for you, as I have promised to do!

BIG THREE: I am designing terrible cars that few people want to buy! Also, rather than save for UAW’s inevitible retirement when I will have to pay him the generous pension of guaranteed payments and health care that I promised, I am spending that money under the dubious assumption that my future revenues will be sufficient to meet those obligations.

ACT THREE

UAW: I have fulfilled my end of the deal by building the automobiles that you have asked me to build.

BIG THREE: Oh no! I am undone! My automobiles are no longer competitive due to my years of poor planning and poor judgment!

MITT ROMNEY: This is all UAW’s fault!

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Original Flickr photo by chicgeek. Edited by Chris.

2 Comments

  1. Ian

    So hold on, you side with the workers but not a bailout?

  2. Chris

    I don’t know anymore!