Wednesday evening's dour Associated Press report by Tom Krisher and Ken Thomas on the proposed bailouts of General Motors, Ford, and Chrysler acted as if their fates will determine the viability of the entire US auto industry, and waited until the 15th paragraph to name the primary reason why the companies are where they are financially. [snip]
Here are three key values in a chart shown Monday at Carpe Diem:
Total Compensation Per Hour, 2007-2008 (includes wages and all benefits):In 30-plus paragraphs, the AP reporters "somehow" failed to mention - at all - UAW President Ron Gettelfinger's refusal last week to give an inch on labor costs, as reported by Dow Jones at CNNMoney.com: [snip]
Big Three automakers — $73.08
Toyota — $48.00
All workers — $28.48
What an outrage. The AP's failure to mention the UAW's stand is journalistically negligent.
As an e-mailer said in a post at Michelle Malkin's blog earlier this morning:
The Big 3 has a cancer that needs to be removed. It doesn’t take a rocket scientist to understand why they cannot compete profitability (sic). They have parity on supply costs, materials, and energy with Honda and Toyota. So why can’t they compete? It is clearly the cost of unions.
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