"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…
So they aren't even asking for a raise just to get back to where they would be at if they didn't sacrifice to save the company? And people are calling that unreasonable? Yet they don't care about how large the executive compensation packages are.