Well the reverse is also true.
The best comment I have seen today about this conflict is...
90% of what you made before is always better than 0%.
This is particularly true in a depressed economy, dealing with what is essentially unskilled labor.
Been there, done that. I have accepted up to 40% less to keep my job. It has always served me well.
As I did once in my career. We kept on, improved the product and pulled the company out. Everybody survived, and we all got better.
Enjoy your $55 per week strike pay. Dick Trumpka is enjoying his $600K/yr that you have so genereously supplied.
Oh, don't like that Dickie-boy lives better than most of the horrible business owners?
Take it up with your union leaders. If you live long enough.
Broken kneecaps are a small price to pay, for gettin' what the workin' man deserves.