One fact that seems material, is when Gettelfinger, the UAW president, testified that "one industry analyst has indicated that labor costs for the Detroit-based auto companies will actually be lower than those for Toyota’s U.S. operations". That seems wildly at odd with the data below. I suppose if you exclude legacy costs, and costs for existing workers and the union rules and the job bank, that might be true, but that's excluding a lot. Considering the burn rate, I don't see why we have to wait until 2010 for these cost savings to show: if they want our money, why not demand they lower their costs now.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiknPqbPOBMNFkaL5yjbr1j7f-unbdQgBDryBYlfVPEywtblnvk8xvJbjjaciEKi1wXLSyVNKg5lM9Kk_S8Lwl48J0OjBdUr5F8Lin1D_BSh_MULjg4VIJcBVlstV_VABMMvW_UcA/s320/big3a.jpg)
The sad thing is, even given this relatively well-run forum of opinions by experts, they still end up passing legislation they do.
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