Wednesday, October 7, 2015

Union pay

In my heart of hearts, I have always been pro union but only private unions. I feel there is no place for public unions. Chrysler is threatening a strike and one of their top demands is to increase the salaries of starting workers. This is to make up for the slight they gave these people when they worked their way out of bankruptcy. While the government gave the best deal to the union, at the expense of the stock and bondholders, the union sacrificed the new employees in the process. They agreed that new employees would start at $15 per hour which was half what existing employees received and they are now demanding to make up for this transgression by asking for $19 per hour. I hope they get it without a strike.

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