Monday, December 15, 2008

I didn't believe it possible

"Still, it seems to me true that the financial big shots haven’t been treated nearly as roughly in Congress or in the media as the auto executives, who have done nothing remotely as irresponsible as their Wall Street counterparts." So said William Kristol, of all people, in his Times column today. He goes on to speak in favor of the UAW too, pointing out correctly, that the biggest part of their cost is benefits for retirees (which I add is not an expense for newer, foreign car makers here), not wages for current workers and he's the first person I've seen mention that after all wages only account for TEN PERCENT of a car's costs!

Proving once again that people are so complicated.