Quote:
Originally Posted by Luscious Media
You are correct. I misstated the facts. What I meant and should have said was, it costs over $70 per hour on average to employ a union auto worker. That includes their hourly pay, plus the benefits they?re receiving and all the other costs to the companies, including legacy costs ? retirement costs, pensions and more. Compare that to the $50 an hour companies like Honda and Nissan are paying their employees. That's a huge diffence when averaged company wide. Huge!
|
Keep in mind that these
foreign car manufactures have not been in place for 100 years to accrue the liabilities
(benefits) that Detroit has.