Slog - Comments on Good Greed http://slog.thestranger.com/2008/04/good_greed We must not bemoan high gas prices. The positives in this staggering increase will surpass the negatives. We can see for once that corporate greed is proving to be good. The world's largest automaker by sales said the cuts, to take effect this summer, were brought on by weak demand due to high gasoline prices and an economic downturn. GM said it will make about 88,000 fewer pickups and 50,000 fewer big SUVs [the positive] this calendar year because of the cuts. The layoffs represent just over 4 percent of GM's hourly manufacturing work force of about 80,000 in North... Copyright 2008 Tue, 29 Apr 2008 09:44:43 -0800 Wed, 30 Apr 2008 01:46:57 -0800 http://www.movabletype.org/?v=3.34 http://blogs.law.harvard.edu/tech/rss Comment by Fnarf Wow, GM only has 80,000 workers left? That's kind of...insignificant.

And gas is not expensive. For it to take an equivalent portion of the average person's income as it did in 1980, it would have to rise to $150-160 a barrel. People today are just crybabies, wanting everything for free.

]]> Fnarf http://slog.thestranger.com/2008/04/good_greed#c1008752 http://slog.thestranger.com/2008/04/good_greed#c1008752 Money Tue, 29 Apr 2008 11:05:52 -0800 Comment by keshmeshi @1,

I'm surprised it's that many, at least in the U.S.

]]> keshmeshi http://slog.thestranger.com/2008/04/good_greed#c1008822 http://slog.thestranger.com/2008/04/good_greed#c1008822 Money Tue, 29 Apr 2008 12:03:54 -0800 Comment by Bellevue Ave which is why we shouldnt even try to protect their stupid fucking jobs. fuck protecting jobs that can't hack it. no one wants to lose their job but people don't stay unemployed forever and their new job is in something that the market for labor demands.

fnarf, exactly. when people have to pay nothing for a good they tend to not value it at all. such as roads.

]]> Bellevue Ave http://slog.thestranger.com/2008/04/good_greed#c1009285 http://slog.thestranger.com/2008/04/good_greed#c1009285 Money Tue, 29 Apr 2008 16:14:04 -0800 Comment by Will in Seattle Actually, petrol is still cheaper than bottled water, at least in the USA.

]]> Will in Seattle http://slog.thestranger.com/2008/04/good_greed#c1009599 http://slog.thestranger.com/2008/04/good_greed#c1009599 Money Wed, 30 Apr 2008 01:46:57 -0800