Wednesday, March 19, 2008

The American Axle Strike

Courtesy of Bendygirl at Dailykos: a report on the American Axle Strike, news I bet you did not know about. Read about the effects on one family here: Family Learns to Make Do With Less. Read the official company line here: http://www.aam.com/

Let me just go on record to express my support for the United Auto Workers (UAW) strike, and to say that asking people to accept a 50% reduction in wages is fucking bullshit (unless, of course, you are the President of the United States or his puppet masters, in which case you don't even deserve one dollar for what they have done to countries around the world, including our own). Yeah, you can blame pressure from investors to cut costs and drive up profits by either outsourcing jobs to cheaper labor markets or cutting wages, but the simple fact of the matter is, management executives have only their own greed to blame. Here's an idea: if you can't stand the heat, get out of the kitchen! If the pressure to increase profits is getting to be too much, just get out of the market and go private! Unfortunately, making a public company private might make it harder to monitor for corporate malfeasance, but the union can probably threaten another strike unless they get a say in how the company monitors management's accountability.

Anyway, best of luck to the union and especially to the members who are literally putting their health and their way of life on the line in order to fight for what is fair. Best of luck.

1 comment:

bendygirl said...

I'm so glad you posted this.