After benefits, my company (a Tier One industry partner) was paying $48 per hour.
Not a single one of those jobs remains in the USA.
We now manufacture in Mexico and Korea just to stay alive.
This is AVERAGE???? That's 146K a year without overtime plus benefits. And the cars kinda suck.
NO BAILOUT!!
Of course not, but what is right is secondary to what is less disastrous.
Gee, the big three have about 150 thousand workers and about 450 thousand retirees. It would seem that the bailout of the big three and the UAW looks a lot like the coming bailout of Social Security.
bump
Is it right to tax the average worker making $28.50 to bailout workers whose labor cost is over $73 an hour? Perry asked. “
Wow, what a play on words. In reality, the $28.50 earner actually costs $60 per hour and that is the actual number that should be used for the comparison. Yes, there is a disconnect, however it is not as sensational as the headline and the article are trying to imply.
The new talking point is that the Japanese government pays the healthcare costs of their auto workers, so of course their costs are lower. It doesn’t sound right though. Are they actually sending checks over here to pay workers’ health insurance premiums?
How American is that car?
It’s harder than ever to figure out which cars are the most American. The government requires that automakers disclose what percentage of a new vehicles’ components are U.S. or Canadian and where the vehicle was assembled. Here is the information for most new models. The 2006 data was the latest information disclosed to the National Highway Traffic Safety Administration by automakers. The 2007 and 2008 statistics were compiled by USA TODAY from automakers and from visits to car dealerships. (Story)
Manufacturer Make and model
Model year Percent content US/ Canada Assembled in:
US/Canada Outside
Go to: http://www.usatoday.com/money/autos/2007-03-21-car-content-chart_N.htm
I am against any bailout unless the UAW and its members take about a 40% haircut on Wages and fringes. The same applies to the AutoMakers.
Why should AMERICANS pay for the corrupt unions bailout if they won’t take a haircut too. Enough is enough.