The Big Three traveled to Washington today and did something they are not accustomed to doing...they begged. UAW President, Ron Gettelfinger, was particularly amusing to watch as he squirmed in his chair, something he's had the auto industry doing for years.Gettelfinger has lobbied to get "provisions" for auto workers, all the while sucking the life out of the industry and providing substandard labor. Unfortunately, the UAW is a few decades late in making concessions.
Hard work equals more pay.
This is the only contract that should've been signed. Salary increases should have been given on an individual basis, based on productivity. For decades, blanket increases and bonuses have been awarded to union workers as the quality of their product continued to decline. The one big mistake CEO's made was to allow these absurd contracts to be signed, year after year.
That being said, for the benefit of Michigan, this bailout must come to pass. The state, not just the auto companies, will fail if a bailout is not provided. The government provided a giveaway to Wall Street. The auto companies are only asking for a loan. To deny this request would devastate Americans. So many jobs would be lost that we would finally know what it is to suffer.
Should the Big Three be fortunate enough to be given this loan, the UAW is what really needs to be restructured. Let's face facts, the UAW needs to be eliminated.
