http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/ Commentary on economic/community development and more. Tue, 15 Dec 2009 00:07:42 +0000 http://wordpress.com/ hourly 1 http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/#comment-393 ohwilleke Tue, 25 Nov 2008 01:29:16 +0000 http://philhardwickblog.wordpress.com/?p=394#comment-393 Amounts paid to current workers per year are closer to $40 an hour (orf which about $28 per hour is cash pay) at the Big Three. The balance represents pay to retirees and laid off workers. This is an huge issue, but it isn't similar in kind to paying your current workers too richly. Amounts paid to current workers per year are closer to $40 an hour (orf which about $28 per hour is cash pay) at the Big Three. The balance represents pay to retirees and laid off workers. This is an huge issue, but it isn’t similar in kind to paying your current workers too richly.

]]> http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/#comment-379 SRT10 Wed, 12 Nov 2008 22:30:32 +0000 http://philhardwickblog.wordpress.com/?p=394#comment-379 To say it would be unfair to these "foreign" automakers is of itself unfair. They have received huge tax breaks, free land, purposely undervalued currency from their home land, unfair trade advantages.... To say it would be unfair to these “foreign” automakers is of itself unfair. They have received huge tax breaks, free land, purposely undervalued currency from their home land, unfair trade advantages….

]]> http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/#comment-378 soccertennisdad Wed, 12 Nov 2008 20:40:05 +0000 http://philhardwickblog.wordpress.com/?p=394#comment-378 This simple, basic point from the WSJ editorial sums up where we are with our so called bailouts: "... the main point of any taxpayer rescue seems to be to postpone a day of reckoning..." This simple, basic point from the WSJ editorial sums up where we are with our so called bailouts: “… the main point of any taxpayer rescue seems to be to postpone a day of reckoning…”

]]> http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/#comment-377 bevans623 Wed, 12 Nov 2008 17:44:01 +0000 http://philhardwickblog.wordpress.com/?p=394#comment-377 Nice eye-opening post. I knew that the Big Three labor compensation was out of whack, but that's pretty amazing. There's so much more to the problem than slumping auto sales, fuel efficiency, and needing cash. Unfortunately, all our politicians want to do is throw more money at it and hope it goes away for a little bit. Nice eye-opening post. I knew that the Big Three labor compensation was out of whack, but that’s pretty amazing. There’s so much more to the problem than slumping auto sales, fuel efficiency, and needing cash. Unfortunately, all our politicians want to do is throw more money at it and hope it goes away for a little bit.

]]> http://philhardwickblog.wordpress.com/2008/11/12/detroit-auto-workers-compensation-compared-to-the-rest-of-us/#comment-376 » Detroit auto workers’ compensation compared to the rest of us … Wed, 12 Nov 2008 02:33:59 +0000 http://philhardwickblog.wordpress.com/?p=394#comment-376 [...] While GM has spent billions of dollars on labor buyouts in recent years, it is still forced by federal mileage standards to churn out small cars that make little or no profit at plants organized by the United Auto Workers. … More [...] [...] While GM has spent billions of dollars on labor buyouts in recent years, it is still forced by federal mileage standards to churn out small cars that make little or no profit at plants organized by the United Auto Workers. … More [...]

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