Tuesday, September 17, 2019

GM

The UAW strike against GM is in the news. I worked in both union and non-union plants and private unions in general are desirable as opposed to public unions which are not. While I back the UAW they must be careful as their benefits along with poor management cause GM to fail ten years ago. The big problem facing GM is legacy benefits. GM with ten times more retirees than Toyota is at a competitive disadvantage.

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