"what was it specifically that UAW would not concede to? "

- the senate republicans demanded further wage reductions to put them at wage parity with japanese and european automakers (an impossible demand to meet on short notice)...the republicans wanted a specific date when that would happen so the UAW replied with the expiration date of their current contract in 2011...after the bill was killed, the UAW president gave a long press conference that sounded similar to our earlier discussion comparing toyota to detroit...i think he said something to the effect that if unions were expected to make wage concessions, then the legislators should demand that management and suppliers make concessions too...it wasn't the unions fault that detroit made the wrong kind of vehicles of lower quality, and now they're being scapegoated for the republican opposition to bailing out the automakers

GM's total market capital is only $2 billion...it's gonna be hard to get that bailout money back if the GM doesn't start selling cars real soon
maladroit Reviewed by maladroit on . UAW's actions force bailout to die in the Senate The rest of the article can be found here: AP Source Rating: 5