[browna]

Originally Posted by transplant99

I say the problem is shared equally between management AND employees...the UAW workers had a good long run afterall, but they simply have priced themselves out of work.





Ridiculous.

http://mjperry.blogspot.com/2007/07/...of-market.html

Quite the telling tale. And that was data from before the latest UAW strike of GM late last year/earlier this year. There's earning a decent wage for a decent days work, but that's brutally high for an AVERAGE salary for working in an assembly plant.

Again, you can't just fire these guys when times get rough, you have to buy them out at the same exhorbanant rates, if at all. You may have to pay them to do nothing as GM removes shift from various plants that temporarily close for months at a time, with full benefits.

Pretty clear that the 52% higher UAW labour costs are a large factor killing GM and Ford/Chrysler in comparison to the Japanese counterparts in the US.