UAW workers get a good deal compared with their Japanese counterparts in absolute dollars. But they get a great deal relative to income. In fact, one that is four times greater given that Japanese workers earn only about $40,000 in annual wages and benefits; whereas UAW workers, according to James Sherk of The Heritage Foundation, earn about $130,000.Whole thing here. In the second, Dalmia argues that Big Labor is making it nearly impossible for the Detroit automakers to survive absent a big, taxpayer-backed government bailout. Whole thing here. Dalmia has previously written on the Big Three Bailout for Reason.com.
The Big Three, Big Labor, and Big Benefits
Reason Foundation's Shikha Dalmia has two new commentaries on the Big Three at Forbes.com. In the first, Dalmia says: