Tentative GM and UAW Contract: A $5K "signing" bonus?

Hi folks -- every time the auto industry stages a comeback -- going back to the Chrysler- Government Loan of the early 1980s -- the union can't wait to get into the share the wealth requests. And management concedes. So I read in Sunday's Dayton Daily News where the GM-UAW tentative agreement includes a maintenance of pension and health care benefits for UAW workers, and a 5K signing bonus. And the promise to reopen a plant in Tennessee.
What is going on here? We as a country will never comeback strong with this kind of collective behavior. Sure, management is now giving themselves bonuses as well -- another sin. The whole thing never deals with longterm matters. Are we not on the road to perdition?


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