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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Bill who wrote (147240)11/14/2008 3:45:12 PM
From: Nicholas Thompson  Read Replies (1) of 173976
 
it is $73 an hour including all benefits and i think that includes pension and pensioneer health benefits as well. what has happened is that the US auto companies are responsible for all health benefits and that is probably about $18 to $22 an hour of the 73 per hour .The newer Japanese companies have much lower health benefit costs because they do not have a lot of retirees. The new companies total labor costs per hour are around $47.50 . They are not so far apart when you adjust for health care. One of the major reasons the USa has lost so many jobs is healthcare not being paid in govt programs as in all other countries. That is simplified and there are some serious union issues but probably a 10 to 15 percent downward adjustment of total benefits and a govt health care initiative would make many of our manufacturers competitive again.
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