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Wednesday, September 28, 2011

I must be missing something

According to the AP(which means that it may or may not be true), union workers at Ford are extremely resentful of the profits made by the company in the last year and the high salary paid to the CEO who managed to keep Ford out of bankruptcy. The AP article says that the resentment is so bad that it threatens to bring a strike to Ford for the first time since 1976. AP says that the Union workers are angry that they had to agree to give backs when the company was in bad shape and now it is using those give backs to make big profits.

Okay, so far this is a typical class resentment story from the AP. In the world of the AP reporters, social justice demands that the poor factory workers get better compensation for their hard labor in the plant. It is a classic us vs. them story coming from the left.

Here's the kicker, however. Let me quote directly from the AP. "The average hourly worker at Ford made $109,020 in 2010, including wages, benefits and overtime". That's right, these autoworkers come close to being the millionaires and billionaires that Obama always complains about. But their bosses must make fortunes, right? Here again is a quote from the AP story: "But the average salaried factory supervisor made $99,760 in wages and benefits" in 2010.

Think about that. Here we have workers who averaged compensation of just under $110,000 last year who resent the profits of their employer. Here are workers who make ten percent more than their bosses who resent the salary of the main boss. Let me put it this way, if the UAW employees at Ford believe that they are sacrificing too much by working for a mere $110,000 per year, there are about ten million other workers who would gladly take the same job for a lot less.

Since this is an AP article, there is a good chance that it is totally inaccurate, but if not, this is one of the most outrageous things I have ever seen in print.

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