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Monday, December 22, 2008
The Bush auto plan calls for readjustment in the UAW's salary structure, benefits packages, and work rules. If these are not rationalized to bring the Big Three and the UAW more in line the foreign transplant auto makers asembling cars and trucks in the United States, it is doubtful that the Big Three can become viable. They, in turn, will then be asking for more federal money to survive. The auto industry is a very cyclical business. The current downturn is a golden opportunity for management and labor to strike a deal that looks forward toward long-term profitablilty, not backward to the heyday of the U.S. auto industry. It will ultimately be up to then President Obama to enforce a rational plan gong forward.
More Opinions
Monday, December 22, 2008
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Hot Topics
Important issues in Trade Policy
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Globalization Factline
Undeservedly obscure facts and figures, brought to you by USBIC
Is U.S. High-Tech Manufacturing as Sick as U.S. Finance?
by Alan Tonelson, 12/2/2008 U.S. Recovery Strategy Ignores Manufacturing
by Alan Tonelson, 11/12/2008 Why Are We Subsidizing Our Creditors?
by Alan Tonelson, 11/4/2008 Globalization Follies
"Did they really say that?" moments from the current news
Sen. Corker's Posturing on Auto Restructuring Package Puts Americans Last
by Alan Tonelson, 12/12/2008 Commerce Secretary Fails to Connect the Dots
by Alan Tonelson, 12/1/2008 Obama's First Pick: A Top Outsourcer
by Alan Tonelson, 11/6/2008 |
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