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Old 10-08-2005, 02:25 AM   #11 (permalink)
mrfunji
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Join Date: Sep 2003
Location: Red Sox Nation
Drives: '05 GTO
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Re: Myths malign American auto industry

FARCITY - MYTH 2

So if what, each UAW member adds $463,000 in value to their employer per employee? So lest we forget this is the ENTIRE UAW, which is spread across the whole US of A for all companies like Delphi, GM, Ford, DCX, GM/Toyota Nummi plant, etc, I think that may be a bit generous.

The uaw.org website states that there are approximately 620,000 active UAW members now. So 620,000 * 463,000 = 287,060,000,000. That is TWO HUNDRED AND EIGHTY SEVEN TRILLION DOLLARS. Even if those 620,000 were paid 150k a year (which they aren't) that equates to 194,060,000,000. And yes, that is TRILLIONS OF DOLLARS. And let's say there are 1000 companies that these 620,000 work for. That's 194,060,000 = 194 BILLION. You could buy GM, Ford, IBM, and even Toyota for that amount of money.

Well let's see. Hmmmmmmmmmmmmmmmmmmm

One phrase. I DON"T F'ING THINK SO!
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