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'Those figures' being an interesting point.....
I've seen that 71$ an hour figure thrown around- and I wonder what all is included. Pay and benefits, obviously- but I suspect included also is pension costs for the retired workers.
And that's the big difference between the newer foreign plants in the US and the big 3. The big 3 (Ford, GM, Chrysler) have been around for a long time- long enough to have many retired workers on pensions. The newer foreign plants have NOT been around long enough to have significant retirement costs- assuming they pay pensions.
I got a feeling that if you tried to actually find an auto worker being paid 71$ an hour in pay and benefits you'd have a great deal of trouble finding one.
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Jack@huntchat.com
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