Won’t last long... remember, the UAW members voted to not accept the contract that the union leadership endorsed. They want MORE MORE MORE...
Ford should tell them to go pound sand. There are plenty of jobless people out there ready to step in.
“Won’t last long... remember, the UAW members voted to not accept the contract that the union leadership endorsed. They want MORE MORE MORE...”
I think it is more a matter of they don’t want cut, cut, cut. Normally, I would agree that since the unions tend to sync benefits and pay amongst the auto makers that the union should bite it, but in this case since gm and chrysler are not exactly doing anything free market, the Ford agreement should stand alone. I do find it interesting how aggressive unions are in this crappy economy. The Safeway talks are in a similar boat.
The whole idea of collective bargaining over pay by labor is seriously flawed, because it moves factory workers into management and gives them great power to determine their own pay and labor costs. But the problem is that factory workers don't understand much about corporate strategy and the need to be competitive with foreign companies. So effectively moving factory workers into management has had devastating consequences for many companies, including GM. This problem got so bad that Caterpillar had to simply refuse to agree to the UAW's demands for higher pay and endured a long strike before letting the UAW workers return under their previous contract terms. Cat is just fortunate that they don't have much competition from US companies, otherwise the unions would have struck against them to pull market share away from them into other US companies, to put extra pressure on Cat. This is how they always attacked the auto companies, by screwing one company to force it into a bad contract, then going after the other companies for a similar deal.
Congress is bought and paid for by labor unions, who have no business having so much power to manage corporations. If they want to get into management, the unions should start their own companies and see if they can find anyone who wants to invest in those companies.