heritage.org - 12/9/2008
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Some observers argue that the $70/hour figure includes the cost of benefits paid to current retirees as well as wages and benefits paid to current workers and that the actual hourly earnings of current UAW members are much lower. This is a mistaken interpretation of the financial data released ...
nytimes.com - 12/4/2008
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nytimes.com —
WASHINGTON The United Automobile Workers union said
Wednesday that it would make major concessions in its...
contracts with the three Detroit auto companies to help them lobby Congress for $34 billion in federal aid. The surprising move by the U.A.W. ...
(more)
U.A.W. to Change Contracts in Bid to Help Detroit
online.wsj.com - 12/4/2008
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online.wsj.com —
Associated Press United Auto Workers President Ron Gettelfinger,
left, speaks at a news conference during a break...
in a meeting of union leaders.
(more)
UAW Gives Concessions to Big Three
Comments
Blog Reactions
What fantasy world does Nancy Pelosi inhabit?
Betsy's Page —
... they'll receive the tough requirements that would involve making the UAW, dealers and stockholders unhappy? I guess that the plan is to give periodic infusions of taxpayer money to the Detroit automakers in smaller increments and hope that the majority of people who now oppose a automaker bailout won't notice a $15 billion bailout here and another $15 billion bailout there. UPDATE: Meanwhile, the Heritage Foundation is putting out some interesting data to demonstrate that U AW workers get a total of over $70 an hour in wages and benefits. There is no way that the Big Three can ...
JAMES SHERK: UAW Workers Actually Cost the Big Three Automakers $70 an Hour.
Plus, economic ques…
Instapundit —
JAMES SHERK: UAW Workers Actually Cost the Big Three Automakers $70 an Hour.
Plus, economic questions: “Ford, General Motors, and Chrysler rely heavily on an economic impact study by the Center for Automotive Research (CAR) in making their case for a financial bailout. This report claims that the simultaneous failure of these three companies would result in a loss of 3.3 million jobs nationally in the same year as the company shutdowns.[1] However, this estimate is based on highly dubious assumptions.”
...
UAW Workers Really Do Cost the Big Three $70 an Hour
RedState: Conservative News and Community —
The liberal watchdog Media Matters for America is on a crusade to disprove the so-called “myth” that United Auto Workers employees cost the Big Three automakers more than $70 per hour. In a lengthy article over the weekend, Media Matters cites statements from General Motors to supposedly disprove this “falsehood.” There’s just one problem with Media Matters’ work — it’s all spin.
Last month my colleague James Sherk produced a Heritage Foundation study revealing, “The typical UAW worker at ...
Microblog 2008-12-09
Overlawyered —
... relied on UAW assertion that oft-heard $73/hour figure for GM compensation was misleading because it included vast army of retirees; but per this new paper, the number really does reflect only payments for currently active workers [James Sherk, Heritage] ...
Democrats’ auto bailout fails to pass senate - blame the union
RedState: Conservative News and Community —
... Union workers at Chrysler, Ford and General Motors are some of the most highly paid workers in America. At the Heritage Foundation, James Sherk says the union workers cost the three automakers over $70 an hour in wages and current and future benefits. ...
Reserving Judgment on Bush's Bailout Promise
Wizbang —
... might be imposed on GM and Chrysler. Kudlow also says, "The Treasury wants to see the cash-flow data and get to the truth about GM and Chrysler. (Ford doesn't need the money.) And nothing will happen until these numbers are properly crunched. And the Treasury may well want to arrange for a built-in monitor -- something that might even look like a car tsar -- if any TARP money is dispersed." My first question is, what cash flow? There is no cash flow unless, of course, Treasury treats legacy costs as described here by James Sherk at the Heritage foundation as a non operating ...
UAW Has Reason to Celebrate This Labor Day
NewsBusters.org - Exposing Liberal Media Bias —
... The Heritage Foundation has said that hourly workers at Big Three auto companies cost over $70 in wages and current and future benefits. ...
Related Content
How Much Do UAW Workers Really Make?
corner.nationalreview.com 12/15/2008 — New York Times business columnist David Leonhardt tackles the question today and concludes that the oft-cited figure of $73 per hour is misleading:
The calculations show, accurately enough, that for every hour a unionized worker puts in, one of the ...
UAW: Non-union workers get more!
slate.com 1/26/2009 — On Wednesday, UAW President Ron Gettlefinger predicted there would be no wage cuts as part of the union's concessions to GM and Chrysler. Gettlefinger argued Toyota's workers actually make $2-per-hour more than UAW workers, if you count bonuses. But ...
No UAW Bailout
powerlineblog.com 11/17/2008 — Jim Manzi has done some of the best analysis of the proposed bailout of GM, Ford and Chrysler--or, one should more properly say, bailout of the United Auto Workers, otherwise slated for extinction. Here , he addresses the theory that the Big Three ...
The $70-Per-Hour Lie
dailykos.com 11/22/2008 — Have you heard the one about the union autoworker making more than $70 per hour, forcing American auto companies into bankruptcy? There are two very small problems with that. First, there's something wrong with workers making a good living? As wrong ...
GOP vs. UAW, USA-Part II
openleft.com 12/21/2008 — This is a follow-up to my diary GOP vs. UAW, USA , in which I'll extend my argument that the GOP's refusal to support the auto bailout is demonstrative of their hatred of America. I will draw on three recent documents. First is a Washington ...
The UAW Is About To Become One Of The Biggest Automakers
minx.cc 4/29/2009 — This is really getting strange. Under a debt restructuring plan, the UAW is going to become a 55% stakeholder in Chrysler. The United Auto Workers union's retiree health-care fund will own 55 percent of Chrysler LLC in exchange for cutting...
What the UAW Made
dailykos.com 12/22/2008 — I spent the summer of 1999 working for the UAW legal department. It was the best job that a union-oriented first-year law student could ask for: great bosses, co-workers who shared your values, and interesting work. But most importantly, there ...
The Return of the $70 Per Hour Meme
portfolio.com 11/19/2008 — You might expect it from right-leaning commentators like Will Wilkinson . You wouldn't expect it from someone like Mark Perry , who lives in Flint, Michigan . And you certainly wouldn't expect to see it in the New York Times, from the likes of Andrew ...
UAW: No concessions
tigerhawk.blogspot.com 11/17/2008 — The United Auto Workers apparently feel that they have the votes necessary to get the taxpayers to bail out the Detroit Three without offering up any concessions of their own. Apparently they did not heed President-elect Obama's weekly YouTube ...
Is Bailout Possible Without UAW Concessions?
abcnews.go.com 11/22/2008 — The Union of Automobile Workers and Detroit's Big Three want the same thing -- speedy congressional action to bail out the U.S. auto industry. UAW President Ron Gettelfinger appears before Congress today, along with the leaders of GM, Ford, and ...
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