I'd ask the folks here who think the auto workers [who are actually making $26-$28 an hour before taxes] need to take a pay cut...if THEY are willing to take a pay cut, too.
Because if the autoworkers take a pay cut, the guy at the grocery store gets a pay cut, too. So does the guy at the home improvement store, and the guy at the furniture store. After all, if they guy in the auto factory isn't remodeling his basement and buying furniture and such for it, the furniture company and the home improvement store aren't making as much money, either...which means their employees have less to spend as well. Since 1 in 3 [or was it 3 in 10?] American jobs are related to the auto industry, how many of YOU are willing to take the pay cut that will surely come, should the auto workers take a pay cut?
Think about it long and hard before you answer.
Autoworkers took a large step toward reducing automakers' "legacy costs" when they agreed to a new, lower wage scale for new hires in their most recent contract. So the guys hired in to replace the folks who are now making $26-28 an hour will start out making $12 an hour instead of $22. Given time, the system would've helped "fix itself," with folks working for about half of what current employees make.
Would YOU work for half your current pay? If not, they why do you think autoworkers should?
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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