“Workers didn't simply earn more,” says Shaiken. “They drove into the middle class. Now we're looking at far more exit ramps from the middle class.”
Thursday, Ford said it will announce a restructuring plan in January that cuts plants and jobs. Meanwhile, auto parts maker Delphi began presenting proposals to its unions to reduce their pay. Before declaring bankruptcy, Delphi asked for a 60 percent wage cut.
The UAW Thursday acknowledged labor's tough choices.
"The tentative agreement is an essential step toward insuring that General Motors is a competitive and financially sound corporation," said UAW President Ron Gettelfinger.
Retiree John Sanderson wants GM to survive, but he also wants the health care promised him. “For them to take anything away from me, to change anything, is stealing from me,” he says.
http://www.msnbc.msn.com/id/9766281/
Universal, single-payer healthcare is the only save for American industry and the middle class.
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