To: FrankR
They do not make $75.00 an hour. OH PLEASE! They make about 60K a year plus benifits.
12 posted on
12/12/2008 6:52:21 AM PST by
70th Division
(I love my country but fear my government!)
To: 70th Division
"They do not make $75.00 an hour. OH PLEASE! They make about 60K a year plus benifits. "
Well, I didn't mean to blow your skirt up!
You have to look at "landed cost" (that's the benefits and all employER expenses); then you figure in the re-tooling time when they are not at work but still get full paychecks...and it would come out to about that, I'm sure.
What a sweetheart deal.
But, if it makes you stop using you all caps key, then we'll say $35-$40 per hour. I know a lot of people who would like to be making that kind of money. And the people I know would appreciate it.
Unions breed employee mediocrity and eventual corporate failure...it's the liberal greed factor...it's microcosm socialism and socialism never works long-term.
13 posted on
12/12/2008 7:04:30 AM PST by
FrankR
(“Turtle up”, economically, for the duration of the 0bamanation.)
To: 70th Division
They do not make $75.00 an hour. OH PLEASE! They make about 60K a year plus benifits. When you add up all the costs including things like full retiree health care, the jobs bank and other costs for people no longer employed by the big three, labor cost works out to $75 per hour.
It is the legacy costs that are killing them.
19 posted on
12/12/2008 7:46:44 AM PST by
Ditto
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