Yeah, but Smash, the UAW-- and the CEOs of their respective automobile companies --killed the goose that laid the golden eggs long ago, in the mid-60's I seem to recall.
Popular myth, completely false, of course, but popular.
Oh, it seemed like a good idea at the time from their perspective, I'm sure. But quotas, early retirement pensions, health care until the grave, shoddy workmanship, institutionalized and purposeful early obsolesence of their product, and the car business in general selling to the American consumer vehicles without a view to the future (Hummers and SUVs for example). Add to that shareholders who got used to quarterly financials rather than yearly and the immediacy of profits NOW overrode any commonsense towards the long view.
I must have missed the part where AFL-CIO was put in charge of accounting and vehicle design by GM. When did that occur, '67? '68?
This crisis is a long time in coming-- and I come from a family that hails from Detroit. While I am sympathetic to auto industry workers, their's is a legacy born from excess and greed 40+ years ago.
No, theirs is a legacy born from a lack of solidarity in the American working class. Labor's made mistakes, to be sure, but it's "failings" in the US are about 97% attributable to the average working class American being selfish and incapable of seeing the long term value of collective bargaining as their only means of competing on a level playing field with the wealthy. The BIG LIE that wealth is the result of hard work in the US sells well, and not only to the wealthy.
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