...have not gave up a thing? Obama protected his Union buddies and now the truth is coming out the the Unions did not give up much. They are still continuning the failed politics of the past. Check the article out for yourself: Tax payer money used to keep his Union buddies around, Trade the people for votes... it is a damn shame.
Remember how much more competitive GM was going to be coming out of bankruptcy. Aside from shedding a lot of its debt and attendant costs, the company was going to emerge with a competitive labor cost structure.
Turns out that it didn’t quite happen that way. From the WSJ:
http://seekingalpha.com/article/205373-gm-and-the-unions-some-things-never-change?source=yahoo
Bookmarks