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“In its settlement with UPS, for example, the Teamsters won wages for its top-paid drivers of $49 an hour after five years.” – and who’s to say this isn’t going to hurt UPS in the long run? These big companies are fully aware of the economic situation, inventory stacking on lots, and the pain of high interest rates controlled by the FED.
And how much is the cost of living in Asia? Does a $45 per hour wage in Asia allow a much higher standard of living than a $60 per hour wage allows in the US. What is the personal tax burden in Asia? And where in Asia — which country was the basis for the comparison.
Can’t wait to buy that new Honda that is scheduled to be assembled in Greensburg. Love the quality and cost without union interference!
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