Carpe Diem has a nice chart up pointing out that American auto makers' labor costs are 50% higher than those of Toyota, Honda, and Nissan.
Why are they higher? Unions.
What benefits do the auto companies receive for their higher costs? Why, the quality and craftsmanship that are the bywords of the American automobile, as opposed to those cheaply made Asian cars which fall apart after a mere 300,000 miles or so.
Buy American! Buy Union!
Thursday, July 12, 2007
Big Three's Workers Cost More
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