Agreed Will. What's sad is the UAW workers are likely going to take a hit when they're probably the least culpable. The union leaders who negotiated for 2 1/2 hour lunches and pay for not working etc... And management that ran these company into the pit the currently reside are probably sitting on enough in the bank that they'll be fine. it's the average guy working that's going to be rear ended here, well him and the tax payers. But all that aside really instead of looking at the average UWA salery and screaming it's too high, shouldn't we be trying to get well paying jobs and benefits for everyone?
I also liked this-
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Of course, what I find most interesting in all of this bailout talk is the song and dance that the CEO's of all three companies had to go through just to walk out of DC empty handed, while the CEO of CitiGroup can just pick up the batphone to Henry Paulson and get a second bailout, along with another $800 he's throwing into banks to encourage lending. I suppose it's more important to keep people in debt than it is to keep them employed so they can pay off those debts.
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Seems to me this is one of the biggest problems with the bailout as a whole from my perspective. Nothing seems aimed at getting unemployed employed or keeping those employed still employed. It's all been aimed at credit and maintaining peoples ability to keep digging themselves into debt. All this does, for what I can see is encourage people to live in debt. It doesn't help make any real jobs available for real people. Hell even JJ knew easy credit was a rip off... Dyn-o-mite! Indeed.
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Originally Posted by Willravel
Yakk, honestly it's not the unions. Most UAW barely make a living wage, so if salaries drop further you'll see the companies either hire undocumented guest workers or simply leave to find a country with cheaper wages.
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Really? $28 an hour with benefits, with some 28 days off a year sounds pretty livable to me. Last I saw it was around 60K a year with full benefits. 60K a year in the upper mid-west is like 100K or more in places like NY or LA.
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Originally Posted by Willravel
And have you ever compared the injury rates between union and non-union auto manufacturers?
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No, have some numbers you'd like to share?