[quote=TheBreeze]It looks like the UAW is making a stand. They are tired of making all the concessions while the management fat cats who have managed the company poorly get rich. Seems like a reasonable position to me. Let the management fat cats take cuts to their salary/benefits in order to save the company.
Alternatively, maybe the UAW president has been in touch with some politicians who have assured him a bailout is coming so he comes out firing in order to take the initiative. Negotiating 101.[/quote]
You would have thought UAW would have learned from the Teamster and Performance Transportation Services fiasco recently. Linky for those who are not familiar with it. The gist of it is, Performance Transportation Services went out of business and layoff everyone because Teamster “made a stand”.
If you’re talking about fat cats, you should look at the average wages paid to UAW worker after benefits. $150k/year is by your definition, rich, since married couple working for GM, on average would make $300k/yr. Weren’t you the one who insisting on drawing the line of $250k/yr as rich. Rich = fat cats baby.
