Yesterday on Happening Now on FOX News, Virg Bernero, the Mayor of Lansing Michigan, said that auto industry workers have already sacrificed enough and it’s time for Wall Street to start making some sacrifices. Watch the video (courtesy of FOX News), and I’ll discuss it below:
Alright, honestly, the mayor went nuts in my opinion, and kinda made a fool out of himself. He said, “I was a little offended by your question, you know, have the unions given up enough, has the working man given up enough? You know, my question is, has Wall Street given up enough, for the billions that they have taken?” Um, the anchor (who’s name slips my mind at this point) never said ANYTHING about union concessions or anything related to it!
The anchor points out that that wasn’t his question (go back to the beginning and check – it was NOT his question). When asked if he thought that the UAW should have to “swallow some pay cuts,” Bernero focused solely on health benefits, again NOT answering the question that was asked!
Bernero late shows exactly what the problem with Michigan is, when he asks the question, “What are we going to produce in this country, if we allow the auto industry to go by the wayside?” For too long, Michigan has relied on the auto industry as “our industry.” The fact is that the auto industry isn’t what it used to be, and we can no longer rely on it as our only industry. And to ask what we will produce if we don’t produce automobiles, as if saying that’s all we produce, is insulting to those who work in other manufacturing fields.
The anchor also brings up the fact that UAW members don’t need health care for life! That’s one of the reasons that the Big 3 are suffering, because they’re giving health care to people who don’t work for them anymore. Bernero says that the UAW has given concessions. True, they have, but they need to give up WAY more. UAW members are WAY overpaid and get WAY too many benefits.
If UAW members would just realize that he auto industry is in trouble and can’t afford to pay them what they have been up until now, and would take some pay/benefit cuts, then the auto industry could rebound. But while the UAW shares the mentality that Bernero has, the auto industry is going to continue to suffer. I’ve said time and time again that while the auto executives share some of the blame, a lot of the blame falls on the greedy UAW for keeping the auto industry in such a choke hold.
Tags: Anchor, Auto Industry, Automakers, Automotive Industry, Bailout, Big 3, Cars, Chrysler, Democrat, Financial Bailout, Fox, General Motors, GM, Happening Now, Health Care, Healthcare, Lansing, Mayor, Media, Michigan, Money, Politics, UAW, Union, Unions, United Auto Workers, Virg Bernero