Autoworkers strike against GM and the legacy of the Great Recession bailouts

Autoworkers strike against GM and the legacy of the Great Recession bailouts

0 0 4 months ago
In a very provocative move today, General Motors abruptly canceled the health benefits of all 50,000 striking members of the United Auto Workers Union. That means that the union will now have to cover the costs of all health benefits for all union members, while at the same time, its members have no income. And this comes as the company made $8.1 billion in profits last year, and the CEO is being paid $22 million. Dr. Jack Rasmus, a professor of economics at Saint Mary's College of ... See More

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