[lbo-talk] UAW/GM agreement

Doug Henwood dhenwood at panix.com
Thu Sep 27 10:19:55 PDT 2007


On Sep 27, 2007, at 12:48 PM, MICHAEL YATES wrote:


> This came to me via Diane Feeley. Michael Yates
>
> "What amazed me in looking at yesterday's Detroit Free Press,
> Detroit News
> and Wall Street Journal was how much GM met most of its objectives! It
> didn't only get VEBA, but the contract holds down wages, seems to
> divert
> COLA to health care costs and gains more labor "flexibility." (I've
> sent
> this out to the SOS list, so apologize for duplication.)

Yup, sure looks that way. And they went to the trouble of a national strike for this?

Doug



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