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Old 11-25-2008, 01:09 PM   #34 (permalink)
Yakk
Wehret Den Anfängen!
 
Location: Ontario, Canada
Quote:
Originally Posted by Willravel View Post
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.
28$ an hour with retirement and health benefits is barely a living wage? And overtime?

At a 2000 hour-a-year number, that is 56k. Plus quite good benefits.

Heck, I think GM is at close to 3 retired workers per active worker. Think about that for a second -- that is a huge liability, especially if the markets aren't being friendly to your pension plan.
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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.
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