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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (55914)	11/21/2008 6:57:47 PM
From: TimF	2 Recommendations Read Replies (1) \| Respond to of 224648

Also lets say unions really have nothing to with the problems of GM, Ford, and Chrysler that would be very false, but for the sake of argument lets say its ALL on the management. Why would anyone want to hand that management $25bil of tax payer dollars?

To: TimF who wrote (55914)	11/23/2008 5:41:50 PM
From: tejek	Read Replies (1) \| Respond to of 224648

Its not a myth. It isn't (and generally hasn't been represented as) $70/hour in wages. Its $70/hour (or a bit more) in total compensation costs per employee. But that doesn't matter, in terms of the burden placed on GM, Ford, and Chrysler by their union contracts. The cost is accurately represented So are you suggesting the current workers get penalized for the retirement benefits of past workers? Certainly, that's what some people are suggesting.