DTD

A GM Collapse Would Signal Hope for Robin Hood

Read that a few times and I'm still trying to figure out what point, if any, the article is trying to make.

I love how people in the auto-industry hate-club like Mr. Mulligan are quick to throw out numbers like $70 per hour when nobody else in the world has a realistic measure for their total hourly compensation. Why not use the numbers that people can actually relate to? Approx $28/hour plus a very nice benefit package. And then make sure you also mention that the new UAW contract has a two-tiered wage system where new hires receive about $17/hour with less of a benefit package.

Then there are all of the other cuts and restructuring that GM has been doing in recent years to remove billions of dollars in cost from the operation. How convenient to forget all of that when your intent is to criticize the industry/