Yep hope you all like working mandatory overtime, being on call, no benefits for $10.00 an hour after spending those years in college and thousands of dollars. I'm not to greedy am I?
yeah back in 70s when i would listen to auto workers talk about how they
would throw bolts in motors and do other stuff to mess up new vehicles
there is no wonder people started buying imports
very few people could buy a new car built by workers making 5 times what most people made
that is why the import market took off
and jump to when the auto and steel plants started closing and those
worker that made 4x as much as most people couldnt get jobs that paid
enough so they collected their union money till it ran out then couldnt
get a job near what they where making
found out what real life was like they probably would of rather made half as much and kept their good job till they didnt want it anymore
instead of till they priced themselves out of it
thus it goes and here we are
Auto workers did not "throw bolts into motors and do other stuff to mess up new vehicles". Auto company execs loosened tolerances, used inferior materials to boost profits, and didn't pay attention to market trends, ie gas prices.
People started buying imports because of price and gas mileage.
When auto workers started making decent wages auto sales boomed. Read the story of Henry Ford sometime. Sales of steel and other industrial and commercial products also boomed with the rising of the general economy.
Most auto workers didn't make anywhere near five times the average of other U.S. workers.
welll then i guess the ones telling the of those bad acts where lying
uaw members then because i heard them myself bragging of such acts as throwing bolts in motor and stealing parts from where they worked
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"wages and benefits" earned by their workers. As David Leonhardt pointed out in the New York Times (countering, in a sense, the earlier piece by Sorkin), the average GM, Ford and Chrysler worker receives compensation – wages, bonuses, overtime and paid time off – of about $40 an hour. Add in benefits such as health insurance and pensions and you get to about $55. Another $15 or so in benefits to retirees (known as "legacy costs") brings the number to roughly $70.
http://www.factcheck.org/2008/12/auto-worker-salaries/
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Half the entire U.S. workforce now earns less than $12.67 a hour. The federal minimum wage of $7.25 an hour is about 1/3 of a middle-class wage of $21.63 an hour. Last year the average CEO earned $10.8 million and paid a lower tax rate (15%) than those middle-class steelworkers, firefighters and teachers (25%). (See tax brackets and rates here)
http://bud-meyers.blogspot.com/2012/04/wages-yesterday-today-and-tomorrow.html
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yep you were right auto worker are getting over 6 times more than most
american workers
