Those overpaid U.S. autoworkers | Arkansas Blog

Monday, November 24, 2008

Those overpaid U.S. autoworkers

Posted By on Mon, Nov 24, 2008 at 10:08 AM

Somebody told me the other day that employees of U.S. automakers are paid $100,000 a year. I didn't believe it, but I didn't have any figures handy.

What do you guess the average hourly worker makes? Guess, then peek at the answer. I bet you were high. The average cost, including the "legacy" of negotiated health and pension benefits for retired workers, is another figure entirely. Easy fix. Screw those old codgers. What's a contract mean anyway?

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