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His $1 example was just that...an example. UAW workers are paid in excess of their value. That is not debatable in my opinion. I'm not talking about hourly wages but the total package from 100% funded healthcare even after retirement ( fucking stupid ) to 401k matches in excess of normal business practice, pensions etc. They even get paid days off to have company picnics or conduct charity work outside the companies involvement.

UAW bullshit and strikes have cost these companies billions. It is far from the only bad part..READ THAT AGAIN STRETCH. But I bet its over 50% of the problems.



Exactly. My post was a very simple example (as I stated) but Couls has helped put some cold hard facts into perspective.

If anyone (mostly Stretch) honestly think that the North American automobile industry doesn't have to go through some type of restructuring in attempt to match the costs of foreign competitors then you are crazier then I thought.