Man, talk about talking it across the face! The economy is going down the toilet (free market, ha!), salaries are falling (or, at the very least, not keeping up with inflation) and now management is back at the bargaining table.
GM has managed to convince UAW to work for less -- a whoppin' $14 an hour. The only folks who are going to complain that these "unskilled workers" are still over paid are old, white dudes, so don't pay them any mind.
Meanwhile, in the other camp, we see that some management is doing exceedingly well. It's so fucking nice to the king.
Referenced articles:
autoblog: That was easy: UAW and GM agree on lower wages after six months of bargaining.
autoblog: Mullaly and other Ford execs made many millions in 2007.
Yes, we're well aware that one company is GM and the other is Ford, but it's not like compensation at GM is anything to sniff at. And Ford is going to use GM's deal as a reason to push hard against workers who are building Fords. Anyway, we found the contrast to be interesting.
wow our economy is getting weaker by the second. Pretty soon foreign countries will be outsourcing to us.
Posted by: Savoy Sison | Tuesday, April 08, 2008 at 07:48 PM