LCACM

Detroit's Big Three and the Democrats' Economic Illiteracy

$73 an hour is definitely on the higher side for assembly line workers, and needs to be addressed. It is high time that the UAW unions acted more responsibly and consider the long term implications of their actions. On the other hand, many of these CEOs earn upwards of $50M a year, which works out to $25,000 an hour. That is over 300 times more per hour compared to the $73/hour. Considering that the Wall St bailout was $700B, not sure why we are suddenly so concerned over a $25B of the Auto Industry. Additionally, the Big Three manufacture cars that people buy, not toxic financial products like the Wall St bankers.