Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SUNDAY, March 15, 1992 TAG: 9203160163 SECTION: EDITORIAL PAGE: F-2 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
These cars manufactured by companies are paying their assembly employees up to $25 per hour, with "perks" such as insurance and sub-pay (up to 90 percent when a worker is laid off and not producing anything). No wonder the automobile companies have priced themselves out of the market for the common working person who makes, say, $10 an hour and must pay his taxes and insurance out of that.
Unless prices and wages are stabilized at some optimum level, these consumers are simply going to drive their cars longer or buy a foreign import at a lower cost. I'll buy American, but only what I can afford.
Let's freeze or roll back some prices and take a hard look at pay scales, if we want to truly get the economy moving again. HAP PENDLETON ELLISTON
by CNB