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Archive for the ‘Auto Industry’ Category

The Big three are asking us Taxpayers to bail out workers that make considerably more then the national average. See previous post, maybe Romney has a good idea.
UAW workers earn $75 an hour in wages and benefits–almost triple the earnings of the average private sector worker. Detroit autoworkers have substantially more health, retirement, and paid [...]

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Mitt Romney,
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the [...]

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