His $1 example was just that...an example. UAW workers are paid in excess of their value. That is not debatable in my opinion. I'm not talking about hourly wages but the total package from 100% funded healthcare even after retirement ( fucking stupid ) to 401k matches in excess of normal business practice, pensions etc. They even get paid days off to have company picnics or conduct charity work outside the companies involvement.
UAW bullshit and strikes have cost these companies billions. It is far from the only bad part..READ THAT AGAIN STRETCH. But I bet its over 50% of the problems.
Last edited by [LoD]Couls; 11/20/08 04:08 AM.
