Sounds valid... right?
First of all, higher wages will cause higher vehicle prices. But... why can't the companies just reduce their profits? Because their stockholders do not want to reduce their dividends, they receive each quarter.
Second of all, getting paid for 40 hours and only working 32 hours, will force the companies to hire more workers which will cause higher vehicle prices. These workers want to get paid for 8 hours that they DO NOT WORK... that does not even make sense. Would you want to pay one of your workers for five days of work when they only work four days?
Third of all, restoring the pension program would again put the company into bankruptcy because they would run out of money... this is the reason why they stopped the pension program in the first place. Most companies don't have pension programs because of the cost.
In lieu of pension programs, these companies have 501K plans to help the employees create their own pension plan rather than requiring someone else to pay it for them.
It is true that if we did not have unions that the management of most companies would take advantage of them... BUT... when companies pay more in wages and benefits, that ALWAYS increases the cost of the product they are selling. You may not like that but it is true.
Costs go up, workers demand more money and that causes costs to go up, so workers demand more money... while this is economic growth, if you are not increasing your income with the growth of the economy you are falling behind.
Most workers find themselves in that predicament... AND... the only way to offset that increase/growth is to cut back on your spending. For instance, instead of buying a car every 5 years, buy on every 10 years. Don't buy new clothes every year. Don't stay at the best hotel while on vacation... or rent a place that has a kitchen and eat in your room.
If you are a striking worker, then be careful about what you are asking for, because it may end up making your situation worse instead of better.
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