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"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." (freethoughtblogs.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from: https://sh.itjust.works/post/5616578

"The money is absolutely there, and anyone claiming this would bankrupt the companies is lying."

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[–] [email protected] 10 points 1 year ago

Isn't that 40% over the next five years or so? I mean, inflation last year was like 8%, so it's probably actually not going to do much except keep pace or maybe move them slightly ahead of where they are now.