Joe’s Union Review does a great job de-bunking the myth being bandied about on UAW pay as the cause of the US auto industries problems. There have been tons of headlines expressing shock that some UAW workers are alleged to make, hold your breath, $79,000 a year. In a world where hedge fund managers have been making billions of dollars a year and only paying capital gains taxes on this windfall, why does this number for hardworking people cause outrage?
Just like union workers, plaintiffs in lawsuits have been the media bad guy as espoused by corporate America. For far too long the conventional wisdom in this country has been let Big Business be and it will act for society’s benefit. It is time for this attitude to change.