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burn_this_city · 12-22-2008, 01:06 PM

Fair market value is the value of a job in a particular place. The cost of living is a heck of a lot higher in Calgary than say, Barrons. So cops will expect a greater wage to live and work in Calgary than Barrons.

Joe assembly line worker in Kentucky is making the same wage as Jim assembly line worker in Flint. They both work at Fords and they both have the same seniority. The cost of living in both those places wont be the same. So in some regards the UAW has pushed certain locals above fairmarket value. Coupled with the fact no one truly deserves $150,000 a year benefits in, putting a valve covers on a V8 for 30 years straight.

12-22-2008, 01:06 PM	#1
burn_this_city Franchise Player Join Date: Mar 2007 Location: Calgary Exp:	Let's Talk Unions again [Split] Fair market value is the value of a job in a particular place. The cost of living is a heck of a lot higher in Calgary than say, Barrons. So cops will expect a greater wage to live and work in Calgary than Barrons. Joe assembly line worker in Kentucky is making the same wage as Jim assembly line worker in Flint. They both work at Fords and they both have the same seniority. The cost of living in both those places wont be the same. So in some regards the UAW has pushed certain locals above fairmarket value. Coupled with the fact no one truly deserves $150,000 a year benefits in, putting a valve covers on a V8 for 30 years straight.