Thread: GM Bailout
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Old 11-20-2008, 06:58 AM
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runeight runeight is offline
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Default Re: GM Bailout

We will not reduce contracts!

AP's Auto Bailout Coverage Nearly Ignores Excessive Labor Costs, Omits UAW's Concessions Refusal | NewsBusters.org

Total Compensation Per Hour, 2007-2008 (includes wages and all benefits):
Big Three automakers — $73.08
Toyota — $48.00
All workers — $28.48


The prospect of concessions from the union came up during a meeting involving executives of Detroit's Big Three auto makers and Democratic Congressional lawmakers on Capitol Hill Thursday. But UAW President Ron Gettelfinger made clear that concessions were out of the question, union lobbyist Alan Reuther said in an interview with Dow Jones Newswires Friday.

"Workers and retirees have already made significant sacrifices," said Reuther, paraphrasing remarks that Gettelfinger made to House Speaker Nancy Pelosi, D- Calif., and others in the meeting, including renegotiated contracts. "We feel we've already stepped up."


Translation: Taxpayers are just supposed to accept the UAW-imposed cost structure as it exists, even though those being bailed out earn $44.60 an hour more in wages and benefits than other working families.

What an outrage. The AP's failure to mention the UAW's stand is journalistically negligent.
< Where have you been?


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r8

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Last edited by runeight; 11-20-2008 at 07:01 AM.
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