Marie Antoinette speaks out about Auto Workers earning too much
In a November 21 blog post on the Daily Beast website, MSNBC host and Daily Beast "insider" Mika Brzezinski falsely asserted that "the average Big Three automaker union worker's compensation is $73/hour -- two and a half times the average for the taxpayer being asked to bail them out." In making the assertion, Brzezinski cited a November 18 article by Pete Winn of the Media Research Center's Cybercast News Service (CNS), who reported that "[i]t costs over $73 per hour on average to employ a union auto worker, according to University of Michigan at Flint economist Mark J. Perry." However, as the CNS article noted, the $73 figure includes not only "compensation" for current workers, as Brzezinski claimed, but also benefits paid to current retirees. CNS quoted Perry, who has used the $73 figure to argue against an auto industry bailout, noting that the figure "includ[es] legacy costs -- retirement costs, pensions, and so on -- so it's looking at the total labor costs per hour worked for workers," not just the average union worker's hourly compensation.
As an employee of General Electric Mika Brzezinski is a ward of the state and would do well to show a little humility. Dunno what she makes, but I bet it is a lot more than $73/hour.