"The 40% raise that the UAW is asking for (and that the CEOs are saying is so unreasonable) would move workers’ wages to where they would have been had COLA been in place since 2008."
As my American readers are no doubt aware, the “big three” auto companies have been refusing to negotiate with United Auto Workers (UAW) in good faith, and so UAW declared a strike. The…
The range goes from about $18 an hour up to that top rate of $32, according to Marick Masters, a labor expert and business professor at Wayne State University.
So it's something like $40k/year to $56k/year. Yeah, that's 40%.
The more you look at it the more you realize we're not asking for much when demands like these are made. It's peanuts to the rich, but they're leeches that need to steal and control everything.