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Originally Posted by Wes Tausend
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Don't where you got your data CDC, but some of it seems true. I find it hard to believe that actual labor costs are anywhere near $75/hr. More like $28/hr and about $10/hr benefits. It would be nice to see an accurate breakdown of it. I think oft quoted health care costs are overblown for one thing. Somebody in the upper tiers makes their insurance buddies a sweetheart deal for a cut of the "premiums" action. No way should a corporation pay more insurance per capita than an individual would.
Check out this link to a club post:
Now here is a surprise.... . I don't know where Cobrabill got the info. In Cobrabill's post it quotes UAW President Ron Gettelfinger as saying that UAW labor makes up 8 to 10 percent of the cost of a vehicle. This isn't much.
Something is cockeyed here. If labor gets $75/hr then the corporation theoretically gets $750/hr for each employee. That is much.
So lets use 10% for labor. If UAW works for half price or 50%, it would only lower per vehicle cost 5 percent, or $5 per $100. If whoever is raking in the other 90% gives up only 10%, it would lower vehicle cost by 9%, lowering per vehicle cost by $9 per $100. Nearly twice the price break. Granted some of the 90% is legit overhead ...but not the majority of it.
I don't think 10% labor cost is high. I think 90% other costs are outrageous, and apparently so does UAW. What a shame. I don't think we should lower UAW labor wages. We should strive to bring all other working class wages up to their level whenever market permits, even if we have to give the 90 percenters a "lower". Fair is fair.
Same as the typical American worker? It should be.
Running out of time here. Somebody has to work, eh?
Wes
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Could have sworn somebody suggesting you read the contract.
You're throwing your opinions out that everyone is inflating figures, and then you ask everyone for the source of their info.
Where's yours?
Why do you believe the union President's figure of 10%? What's his source?
Move everyone else up to UAW numbers? Typical union mindset...which is why membership has decreased by 60% in major industries and why this country has lost manufacturing jobs to other countries.
And unions will continue to play that song as the ship sinks like the quartet on the Titanic.