Originally Posted By: MisterJLA
Yeah, I didn't read any of that...so what were the "great sacrifices" that the UAW made?

I believe in unions, but I don't think the public should finance the pensions and benefits for unions that work for private companies.


 Quote:
...The U.A.W. agreement cuts some retiree benefits, saves G.M. $13 billion by giving a union retiree health care fund up to 20 percent of the equity in the restructured G.M. and prevents the union from striking until at least September 2015.

In return, the union persuaded G.M. to build more of the vehicles that it sells in the United States at union factories in America, rather than importing them from low-wage countries like China. G.M. said Friday that the percentage of domestically built vehicles sold in the United States would rise to more than 70 percent by 2013, from 67 percent today.

nytimes.com


Fair play!