Unifor and Sting spread their delusions about GM Oshawa shutdown

Mr. Corcoran has skewered the lies, self-delusions and nonsense being spread by Unifor (an auto-workers' union) and its highly over-paid  President and a wealthy dilettante like Sting about stopping General Motors from closing the Oshawa car plant. See my comment below and the original article.  Sales of sedans has been dropping substantially during the last few years for all manufacturers because of a huge drop in demand and much increased customer preferences for trucks and SUVs.  Revenues from Sedan sales are substantially down, making continued over-production a losing proposition. Sedan production is what the Oshawa plant was set up for.


Here is the web address for the article:

https://business.financialpost.com/opinion/terence-corcoran-with-stings-help-unifors-fight-against-gm-looks-even-more-deluded

What self-respecting and successful businesses anywhere in the world could survive by setting their policies based on the 'community's' desires (socialist desires) and ignore the needs of its shareholders? Many of said shareholders are teachers' and other employees' unions who rely on the earnings from the businesses they invest in to fund the comfortable retirement of workers who are now or will be retired.  Of course, the socialist union leaders and wealthy dilettantes like Sting (who take their inflated salaries and profits without regard for the workers), don't care about such economic facts of life.  Wouldn't it be so much better, these dreamers in fantasy-land say, to have a worker's state take over the entire economy and, like the Soviet Union, or Venezuela, or other socialist nightmare states, produce vehicles like East German-made junk Brabants  or Russian-made junk Ladas at a loss.