JAMES SHERK: UAW Workers Actually Cost the Big Three Automakers $70 an Hour.
Plus, economic questions: “Ford, General Motors, and Chrysler rely heavily on an economic impact study by the Center for Automotive Research (CAR) in making their case for a financial bailout. This report claims that the simultaneous failure of these three companies would result in a loss of 3.3 million jobs nationally in the same year as the company shutdowns.[1] However, this estimate is based on highly dubious assumptions.”