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United Auto Workers
Who Deserves Credit for GM's Revival?
By not in system - AOL News(Nov. 17) -- Punctuating an astonishing turnaround, General Motors will offer its stock to the public Thursday in what could be the biggest IPO in U.S. history. As investors line up to place their bets, it's striking to think that just 16 months ago the automaker was on its deathbed. With that in mind, who deserves credit for GM's revival? Business writers wrestle it out: It's an Amazing Turnaround Story, writes Halah Touryalai at Forbes: GM stock has become such a hot item that underwriters stopped taking orders for the IPO yesterday, which was more than seven times oversubscribed, ...
Math Check: New York Times Fudges Auto Workers' Salaries?
By Paul Wachter - AOL News(Oct. 8) -- How much do auto workers really make nowadays? On Thursday, the New York Times ran a piece on General Motors' plans to build a new subcompact car in the United Sates with union labor. Deep into the story, the reporters (Bill Vlasik and Nick Bunkley) cited the following figures on auto workers' salaries: "Where the average G.M. worker earned over $70 an hour in wages and benefits before bankruptcy, the figure is now about $57, according to a study the Center for Automotive Research in Ann Arbor, Mich.," they wrote. Indispensable economist Dean Baker, who writes a blog critiquing ...
Labor Day and Unions: Making America Work
By James Grady - Politics DailyThis Labor Day, America's unions face a back to school autumn that will redefine their relevance in our river of politics and power. The historic relevance of unions is easy to see: The country got a big boost through the success of union workers like public school teachers who, along with dog-hated mailmen, spend their middle-class paychecks and thus enhance our middle-class economy. Now America's whole middle class is in trouble. Pick your set of statistics or ideological argument from the left or the right to back up what all of us know: If you're stuck in the middle, you're holding ...
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