Quote:
Originally Posted by SAMIAM
When someone tells me that a union is "creating" jobs.....I am very suspicious.
What they usually create is more and bigger benifits for themselves at the consumers expense.
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I think that the term "creating jobs" is a misnomer....nobody creates jobs. What Ford and the UAW agreed to was wage concessions that is based on a 2 tiered pay system...basically, new employees don't get paid like the existing workers, their pay rate is lower. And the existing workers gave up increases in lieu of bonuses based on overall performance of the company. With these concessions, Ford agreed to spend millions revamping some of the factories in the US that will allow them to bring back some jobs that were previously sent overseas....to the tune of about 12,000 jobs that don't today exist in this country.
I don't work for Ford, never did, unless you count 8 years at 2 Lincoln Mercury dealerships. I have and do own Ford products and like them, and I do own a number of Ford shares which are doing very well right now.