Crush Liberalism

Union kills auto bailout bill

Why would the UAW kill a bill that will ultimately keep their members employed?  Because…I swear I’m not making this up…Congress wants the union members to actually earn what they’re worth instead of earning $31/hr to do crossword puzzles.  According to the union, watching your contract with Detroit ripped to pieces through bankruptcy AND watching all of your members getting pink slips sure beats a pay cut.  In socialist la-la-land, $0/hr is better than $20/hr.  Here’s your nugget of economic illiteracy for the day:

A bailout-weary Congress killed a $14 billion package to aid struggling U.S. automakers Thursday night after a partisan dispute over union wage cuts derailed a last-ditch effort to revive the emergency aid before year’s end.

Republicans, breaking sharply with President George W. Bush as his term draws to a close, refused to back federal aid for Detroit’s beleaguered Big Three without a guarantee that the United Auto Workers would agree by the end of next year to wage cuts to bring their pay into line with U.S. plants of Japanese carmakers. The UAW refused to do so before its current contract with the automakers expires in 2011.

Memo to the geniuses (genii?) at the auto union: your employer may not be in existence in 2011!  That’s why they’re groveling before Congress for a taxpayer-funded bailout of their bad business decisions…the chief of which is ever agreeing to do business with your union!

December 12, 2008 - Posted by crushliberalism | economic ignorance, unions