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Hamlette
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Sat Dec-13-08 12:24 PM Original message |
| Great graph comparing wage and benefits between US and Japanese auto workers |
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 http://www.prospect.org/csnc/blogs/ezraklein_archive?month=12&year=2008&base_name=is_detroits_problem_wages This is from Ford which is the best off but my guess is the other two are similar. If this graph is true, the major difference is legacy costs. So if they go bankrupt, who pays for those? The retirees? The federal government? So why not bail them out now and at least save the jobs while paying the same amount. What we should do is assume the legacy costs and pay from them with a gas tax and tell the auto makers we'll give them some cash too if they will give us the electric car back! |
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