detroit

Auto Worker Compensation

[wages.jpg]

Found graphic here.  Another graphic here.

Why should we tax workers averaging around $30/hr. in wages and benefits in order to bailout a company who can't keep labor costs under $70/hr.?  The unions have made the Big 3 inflexible and over-burdened with unfunded pension and health insurance costs. The businesses were hurting so bad, the credit crunch just sped up the inevitable day of reckoning.

I write more about this subject on my blog.

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