Bullies and The Rest of Us
March 4, 2012 in Contributors, Economic Policy, Monica Frede, Restoring Family, Work Protections
By Monica Frede video platform video management video solutions video player The UAW protested Mitt Romney at the Daytona 500 this past Sunday. They flew a banner above the stadium that read “Mitt Romney: Let Detroit Go Bankrupt.” This labor union, boasting nearly 400,000 active members and about 600,000 retired members, planned this response to a 2008 NY Times Op-Ed that Romney wrote titled “Let Detroit Go Bankrupt.” Well, they are creative. In Romney’s 2008 article, he addressed the slow death of America’s automobile industry by union hegemony. He outlined his capitalistic solutions, including lowering the burden per auto of domestic manufacturers compared to their foreign competitors by reducing retiree benefits and hourly pay. Romney wrote that this burden costs averages $2,000 per auto for domestic makers such as Ford. That’s right– $2,000 for every car that comes off the assembly line. That number is staggering because of the sheer [...]

