And the cannibalizing of America continues...
It is sadly ironic that people are actually promoting the idea of destroying the health and pension plans of the remaining private and public employers that offer them at the same time that many are screaming for national health insurance and fixing social security.
One of the CNBC anchors was ridiculing the UAW workers yesterday talking about their "free" health care saying they (the anchors) don't get any free health care. Really? Do they actually pay 100% of the cost of a non group health insurance plan for themselves and their families? I doubt it. They are either hypocrites or purposely ignorant in their statements. I'm sure the anchors $$$$salaries are really in-line with the Average Joe as well.
Another lie that has permeated the media and cyberspace is this notion that the average UAW worker makes $73 per hour. This figure is a shop wrap rate. This figure is akin to saying the average plumber charging $125 per hour is making $125 per hour him or herself. It simply is not true. When I worked in manufacturing over 15 years ago the Fortune 50 company I worked for had a wrap rate over $125 per hour. Competing companies in Poland (newly-freed at the time) were charging about $8to $10 an hour wrap rate. The companies paid their workers about $1.5 an hour and the workers manufactured parts on machines without safety equipment and etched and treated parts in acid tanks without any ventilators or appropriate safety equipment.
Is this the future we wish upon our citizen's to compete in a global environment? If so, 99% of us will see our salaries significantly reduced and our standard of living lowered.
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