The poll that accompanies the article is over 77% in agreement that blue collar workers are being treated differently and unfairly compared to white collar workers. It's just an online poll so should be taken with a grain of salt, but it probably does register some fairly common popular sentiments that are not often represented in the media.
Say what you will about the role of the [UAW] in exacerbating Detroit's financial troubles, one thing stands out: Blue-collar workers are taking it in the shorts as part of their employers' efforts to secure some bailout bucks from Uncle Sam.
I don't recall white-collar workers on Wall Street stepping up with similar concessions in return for their companies' receiving billions of dollars in taxpayer cash. ...
That said, a bailout's a bailout, at least as far as taxpayers are concerned. So why are we holding blue-collar workers to a different standard than their white-collar kin?
Put another way, how many people can even list the terms of the recently announced multibillion-dollar bailout for financial colossus Citigroup Inc. and what the company agreed to do in return for our generosity? ...
The UAW, long criticized (unfairly, I believe) for being too powerful and too greedy, has done the stand-up thing in offering concessions to protect jobs at a perilous time for the auto industry.
White-collar workers on Wall Street, many of whom pull down hundreds of thousands of dollars a year in salary and bonuses, have shown no such spine or self-sacrifice as their employers pass the hat among taxpayers.
[Economist Robert] Reich is right: A bailout should require concessions from all stakeholders, not just the top brass and certainly not just the public.
By that standard, the auto industry has earned its piece of the pie, while Wall Street firms, silver spoons in hand, are enjoying their dessert on the house.
The people being forced to offer concessions here for a manufacturing base bailout are not members of Whole Foods Nation, the people who comprise the symbolic analyst elite that is having its collective butt covered by the economic Hanky Panky (thus far).
From my perspective, this is another sign of the fault line in the Democratic Party and is indicative of where and how the power elite is going to spend their political capital.