Crying for the UAW
I have to admit it’s a bit hard to feel much sympathy for the United Auto Workers union. They’ve bullied the Big Three for decades, forcing wages, benefits, and pensions up, up, up. Now it’s payback time.
When the UAW exposed the Big Three to insurmountable competitive disadvantages, it cut its own throat.
Yep. Now the UAW is going to have to accept a package that’s comparable to that received by the non-union workers at foreign auto makers’ plants here in the U.S. Domestic makes have already achieved parity in price, and are often cheaper than imports. To remain profitable, they’re going to have to cut costs, which necessarily means less pay for workers.
I have to admit it’s a bit hard to feel much sympathy for the United Auto Workers union.