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To: bentway who wrote (168488)12/2/2008 9:48:45 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
. Rather, the $70 per hour figure (or $73 an hour, or whatever) is a ridiculous number obtained by adding up GM's total labor, health, and pension costs, and then dividing by the total number of hours worked. In other words, it includes all the healthcare and retirement costs of retired workers. [emphasis in original]

does this guy think his readers are clueless idiots?

nobody has every believed that UAW workers get $70 HOURLY PAY, but when you add up salary, bennies (including pension costs) that's the number....

when i pay my employees i consider the total compensation costs and divide that into hours worked and come up with a figure, it's the COST of LABOR....

when you make an apples to apples comparison to the wages of the non union autoworkers, their $48ish/hr wages includes benefits too....

let's see.....auto manufacturer pays workers $48 in total compensation v. auto manufacturer that pays workers $70 in total compensation...

who wins?

so what's his point?



To: bentway who wrote (168488)12/2/2008 11:20:38 PM
From: neolibRespond to of 306849
 

The media myth: Detroit's $70-an-hour autoworker


I agree with his basic point, but Eric Boehlert wrote quite a few words and never bothered to come up with a more accurate number for what the current workers get paid. Why didn't he? All he threw out was the $28 average wage, without saying what benefits tacked on. My guess is that benefits get it about halfway between the 28 and the 70 figure, so Eric is as dishonest as the other side.

The problem in the USA is that most reporters are so biased we get crap data from all sides. Nobody is honest.