I hope UAW get some sense and brings some cuts to the table. Management should have played hardball during 2002 contracts negotiations, but its too late now. The current UAW workers have taken some cuts already and most of the problems are from the legacy pensions and health care costs. However, if the UAW just allowed plant closing and layoffs, that could really help out. But that move would make UAW leaders appear weak, so they will not make the courageous choice.
The economy is so fragile that an abrupt BK at Ford and GM could be final straw and start GD 2. No pressure UAW.
