A Dec. 8 Newsmax article by Dan Weil purporting to expose "four big lies about the Big Three automakers" perpetuates another lie in the process.
1. Detroit’s wages really aren’t out of sync with those of auto workers in other countries.
It has been well established that total compensation for U.S. auto workers, including pensions and benefits, comes in around $70 per hour. That compares to $45 per hour for Japanese workers.
In fact, as we've noted, autoworkers do not take home "$70 per hour" in wages and benefits; that number includes pensions and health care paid to retirees.