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Skeeve says...

While I like your argument and your logic, I am forced to point out that the numbers are a bit off.

Toyota earns a profit of around $1700 per vehicle (it's higher for hybrids, lower for others). This means that their 524,160 Tundras will earn about $898,934,400 in profit. The value per worker would be closer to $400,000 than $4 million.

Either way, I agree with you that this is not necessarily fair - someone is making a lot of money with a lot less effort.


>> ^GenjiKilpatrick:

See, the only problem I have with that is..
How many individuals do you think consistently earn a million based purely on the value they themselves generate?
Say you're an electrical engineer who comes up with a brilliant solution that saves multiple cities thru out California a million dollars a year each.
You went to University. Studied diligently. Paid for all your books out of pocket. Got your masters.
I would agree that you rightly deserve at least a million in compensation.
~~~
Now say, instead of glorious engineer. You were one of the 2100 workers on Toyota's San Antonia, TX assembly line in 2007
Do you think you'd make that same million dollar salary? Mostly like, no.
Tho if you look at the numbers:
That plant made one Tundra per minute starting in 2007. 60x24x7x52= 524160 Tundras
Average MSRP for an '07 Tundra = $32070 x524160= $16,809,811,200 in value.
Let's say the retailers make 5 Million and that half of the 16 Billion is break-even cost for Toyota.
$8,402,405,600/2100= $4,001,145 of suggested value per worker
The average auto worker makes 18 to 30 so we'll say hourly wage is $24.
Times an 8 hour shift 6 times per week. 24x8x313 = $60,096 yearly earnings.
Remember $4 Mill of profit per worker at $60k year compensation means those workers on retained 1.5% of the value they generated.
~~~
That example was one factory. In one industry.
Think of the millions of businesses that aren't so generous as to allot their employees 1.5% of the profits they themselves produce individually.
And then compare that to the number of CEOs of those businesses that pay themselves a million or more, plus bonuses.
And then compare that to the number of self made millionaire that rightfully earn 7 figure salaries.
Considering wages haven't risen much for thirties, I think the majority of those workers have a right to be unhappy.
Sorry for the rambling. It was just my way of putting things in perspective.
>> ^Xax:

Whoa whoa whoa. STEALING? Bullfuckingshit. Of course there are a lot of corrupt motherfuckers out there, but I have no trouble believing that many people make more money than the average bear without being unscrupulous. People who have used their smarts and/or luck to become successful have every single right to write themselves a big fat paycheck. If some snotty piece of shit working under them is unhappy that they're not making as much money, well that's just too fucking bad.


White House White Board: Tax Cuts

GenjiKilpatrick says...

See, the only problem I have with that is..

How many individuals do you think consistently earn a million based purely on the value they themselves generate?

Say you're an electrical engineer who comes up with a brilliant solution that saves multiple cities thru out California a million dollars a year each.

You went to University. Studied diligently. Paid for all your books out of pocket. Got your masters.

I would agree that you rightly deserve at least a million in compensation.
~~~

Now say, instead of glorious engineer. You were one of the 2100 workers on Toyota's San Antonia, TX assembly line in 2007

Do you think you'd make that same million dollar salary? Mostly like, no.

Tho if you look at the numbers:
That plant made one Tundra per minute starting in 2007. 60x24x7x52= 524160 Tundras

Average MSRP for an '07 Tundra = $32070 x524160= $16,809,811,200 in value.

Let's say the retailers make 5 Million and that half of the 16 Billion is break-even cost for Toyota.

$8,402,405,600/2100= $4,001,145 of suggested value per worker

The average auto worker makes 18 to 30 so we'll say hourly wage is $24.
Times an 8 hour shift 6 times per week. 24x8x313 = $60,096 yearly earnings.

Remember $4 Mill of profit per worker at $60k year compensation means those workers on retained 1.5% of the value they generated.
~~~

That example was one factory. In one industry.

Think of the millions of businesses that aren't so generous as to allot their employees 1.5% of the profits they themselves produce individually.

And then compare that to the number of CEOs of those businesses that pay themselves a million or more, plus bonuses.

And then compare that to the number of self made millionaire that rightfully earn 7 figure salaries.

Considering wages haven't risen much for thirties, I think the majority of those workers have a right to be unhappy.

Sorry for the rambling. It was just my way of putting things in perspective.

>> ^Xax:


Whoa whoa whoa. STEALING? Bullfuckingshit. Of course there are a lot of corrupt motherfuckers out there, but I have no trouble believing that many people make more money than the average bear without being unscrupulous. People who have used their smarts and/or luck to become successful have every single right to write themselves a big fat paycheck. If some snotty piece of shit working under them is unhappy that they're not making as much money, well that's just too fucking bad.

Playinwithfire (Member Profile)

Playinwithfire (Member Profile)



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