Monday, September 7, 2009

UAW Has Reason to Celebrate This Labor Day

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The Labor Day holiday is almost upon us and the networks are likely to spend it talking about vacation, barbequing and holiday sales instead of examining the 2009 victories of the labor unions. In fact, all year they avoided talking about the many recent blessings organized labor has enjoyed.

The United Auto Workers (UAW), which donated more than 99 percent of its $25.4 million to Democratic federal candidates, had a particularly good year, at least compared to other stakeholders as General Motors and Chrysler struggled and were forced into a 'government-managed' bankruptcy by the White House.

Those auto company bailouts and bankruptcies were major stories this year, yet the network news media rarely discussed union causes of the car companies' inability to compete, and the high cost of union labor compared to non-union labor. In fact, in some cases the UAW was portrayed to evoke sympathy from viewers.

NBC's Lester Holt said that the UAW had "made major concessions," on May 29 which would save GM $1.3 billion a year. CBS described it as "swallowing a bitter pill."

What were those "major concessions?" Hans Bader at the Competitive Enterprise Institute cited the Washington Post, which described them as "‘bitter' only by the peculiar standards of Big Three labor," as when all was said and done, the UAW's health fund ended up with 17.5 percent of GM shares and 55 percent of Chrysler shares...

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