http://chrisberryonthe.net/2008/12/18/uaw-workers-really-do-make-71-per-hour-but-were-missing-the-bigger-picture/ A Curious Compendium Of Politics, Food and Life Sat, 27 Feb 2010 19:46:55 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://chrisberryonthe.net/2008/12/18/uaw-workers-really-do-make-71-per-hour-but-were-missing-the-bigger-picture/#comment-5015 Let's-Be-Real-Here Thu, 26 Feb 2009 04:35:55 +0000 http://chrisberryonthe.net/?p=356#comment-5015 The $70.00 Plus/hour that the car companies pay is indeed the total cost per hour that costs them per worker to produce a car. No one says that the worker receives that - but that is the cost the car companies are saddled with based upon the UAW. That number is not competitive with foreign car companies that produce cars in the US without the UAW contract. The foreign car companies don't seem to have problems finding workers that will work for them either. Another great point that is largely ignored is that a large number of "foreign" cars have more American-produced parts in them then the Big Three car companies. The best thing that could happen is for the government to let them go bankrupt, then they could renegotate their contracts and bring their costs in line. Bankruptcy is NOT going out of business - it's being able to renegotiate your debts and coming back with , hopefully, a successful business model. When you file bankruptcy, all contracts in place are declared null and void. Throwing more taxpayer money at these companies will not solve the problem of selling inferior cars that people don't want to buy. The $70.00 Plus/hour that the car companies pay is indeed the total cost per hour that costs them per worker to produce a car. No one says that the worker receives that – but that is the cost the car companies are saddled with based upon the UAW. That number is not competitive with foreign car companies that produce cars in the US without the UAW contract. The foreign car companies don’t seem to have problems finding workers that will work for them either.
Another great point that is largely ignored is that a large number of “foreign” cars have more American-produced parts in them then the Big Three car companies. The best thing that could happen is for the government to let them go bankrupt, then they could renegotate their contracts and bring their costs in line. Bankruptcy is NOT going out of business – it’s being able to renegotiate your debts and coming back with , hopefully, a successful business model. When you file bankruptcy, all contracts in place are declared null and void. Throwing more taxpayer money at these companies will not solve the problem of selling inferior cars that people don’t want to buy.

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