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Forbes fun facts

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Shikha Dalmia embarrasses herself in Forbes:

Detroit's Big Three need a bailout not because Big Labor has been too greedy but because American taxpayers haven't been generous enough.

At least, that's the argument that Michigan Gov. Jennifer Granholm was making on Meet The Press and other shows last weekend. But Granholm ought to get her facts straight.

American car makers make $1,500 to $2,000 less per automobile than their Japanese counterparts. Granholm--and other United Auto Worker (UAW) backers--want everyone to believe that this gap is unrelated to the extra $30 U.S. automakers must pay in hourly wages and benefits to their unionized work force compared to what Japanese transplants pay their non-unionized work force.

Since I didn't see Granholm's MTP appearance, and I am too lazy to look up the transcript, I have no idea if Dalmia's characterization of it bears any resemblance to what Granholm said, but I kind of doubt it.

If we had a Canadian style single payer system (which is private care paid for by the Canadian government) our Auto manufacturers would now be profitable. Contrary to what Dalmia alleges, Japanese auto workers are unionized. I don't have any idea what sort of health care system they have in Japan, and neither, I suspect, does Dalmia.

Dept. of Just Making Stuff Up.

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