It is a lot easier to tear down the hard work of others than to build something up yourself.
The UAW is not some benevolent non-profit out to help the poor people of America. They are an organization that represents less than .05% of Americans in one of the best paid low-skill jobs in America, and they say they are willing to try and tank the economy for the benefit of their members at the cost of everyone else.
They are in no way going to dismantle the system that has made them wealthier than their friends and neighbors. They are just holding out for a bigger package with more benefits, and are willing to play Russian Roulette with the economy to get it.
Even if all three CEOs gave up their salaries and benefits packages to benefit the UAW workers they would each only gain about $1 an hour based on my napkin math.
This Fain guy’s rhetoric is nothing more than that and it makes him and the union sound like an asshole to a neutral observer. Not that there are any neutral observers in this post.
How about if the three auto companies gave up 5% of their profits instead?
I have no idea what sort of profit margins the auto companies are working on. I do think profit sharing is a pretty decent idea though. I am surprised the UAW isn’t asking for something like that. Maybe it is too unstable for wage workers in case of a recession.
No, what matters is how much it would cost to pay their workers more, not what profit margin they’re making. And do you honestly think their profits are lower than what they can pay their workers?
Am I wrong? I was using it as a comparison to jobs that require a similar amount of education and training.
I tried to check and it seemed to be categorized as “unskilled”. Didn’t really seem like a completely fair assessment so I used “low-skill” instead.
What would you call jobs in this category?