How do the union bashers explain the success of the unionized German auto industry? The workers average more than $67 an hour in wages and benefits. In 2010, the American autoworker averaged less than $34 an hour in wages and benefits.
Is it possible that the unions are responsible for Germany being the most financially sound industrialized country in Europe?
Henry Ford said more than once that if he pays his workers well, they will be able to afford his cars and everyone will benefit.
Now we are in a vicious circle where lower pay entices us to buy lower priced imported merchandise and the more of those cheap goods we buy gives the manufacturers more incentive to lower our wages.