But the next time you hear somebody say the unions have to make serious salary and benefit concessions, keep in mind that they already have--enough to keep the companies competitive, if only they can survive this crisis. Full Story »
Posted by Chris Finnie
information which, if it were more general knowledge, might calm the fears of those who worry about the auto companies "bailout", and counters those who may want see them out of business. i wish the writer had addressed the other complications of a rescue package he mentions.
An excellent example of what journalists can do when they actually do their job. Instead of simply repeating the talking points we've all been hearing about the auto industry, Cohn did some digging, some figuring, and came up with a whole new take on the situation that makes the whole issue more complex, but makes a lot more sense.
Though this article doesn't bring it up, it does demonstrate why so many U.S. companies are now pushing for healthcare reform. Our current system puts them at a competitive disadvantage, and will continue to do so for decades to come. However, it's hard for me to blame labor when they're just trying to get decent care for their members.
Basic, straight-forward journalism using fairly easily obtained research. Which begs the question: if one journalist can get the real story, why can’t all the media report the facts? Doing it right isn’t exactly rocket science.
The media continue to paint American auto manufacturers as the black villains of bad management and outrageous legacy costs. So why don't they get facts straight like this article? Why do they paint Americans the black knights stuck with “legacy costs”? That phrase, “legacy costs”, is like another ultra conservative fairy tale: “partial birth abortion”. Neither of which exists in the real world. Welcome to media out foxing Fox Spews.
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