On Jun 14, 2007, at 6:25 PM, Mark Rickling wrote:
> It's contract time for the United Auto Workers and the Wall Street
> Journal is working hard to build the case for big pay cuts. The paper
> tells us that compensation for UAW members is in the range of $70-$75
> an hour.
That's not exactly what the piece said: "they pay union workers $70 to $75 an hour, when wage, health-care and pension expenses are factored in." It may not be fair to attribute that to current workers' hourly pay, but it is a cost they have that Toyota doesn't.
Doug