Michael Cunningham

The Return of the $70 per Hour Meme

calling the contract that the big three made with the unions a mistake regarding pension and health care is rediculous it is the american system. Unions make up a huge part of our nation's work force including manufactoring, construction, teachers, cops, exc. If you are calling it a failed system than you should think of alternatives such as socializing health care.


On Nov 19 11:24 AM Phillipp10 wrote:

> But have to include the costs of the retirees. Every other industry
> does. Since my company has no pension and no healthcare coverage
> in retirement, our costs are much lower, around 52 and hour. The
> Big 3 made a big mistake many years ago offering pensions, healthcare
> in retirement along with 30 rears service and out. This means a person
> starting work at GM at age 20 could retire at age 50 and draw pension
> and healthcare till age 80 plus. Come on, this $73 IS a REAL number
> and the employees working for GM do benefit from these generous benefits.
> What excerabed the situation was the decline nembers of present day
> employees that must support the large group of retirees. I say let
> them go BK and re-negociate all contracts including retirees.