Word: wages
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Chrysler may be trying to push the CAW's wage costs below that of the UAW's. Chrysler's hourly compensation for its Canadian work force, including non-wage benefits such as paid time off, is about $58 (C$75) compared with $55 in the U.S . The Detroit Three have extensive operations in Canada because under the Auto Pact signed in the 1960s, they agreed to make 60% of the cars sold to Canadians in their country. In exchange, tariffs were removed from vehicle imports...
...Poverty continues to be a core reason for the crisis, though the aftermath of Hurrican Katrina combined to swell the numbers in Louisiana, Texas and Georgia. Since the 1980s, single mothers have accounted for an increasing share of the homeless population, partly because of increased divorced rates, gender and wage disparities, and the shrinking supply of affordable housing. Officials believe that the current home foreclosure crisis will be adding a new demographic to these statistics: middle-class blacks and Latinos. "It's families that were living pretty independently, doing pretty well. And, through just one event, it was, like...
...have to concede in order to get a deal that would make a difference. The model for Obama's suggestion, of course, is Iraq, where the U.S. managed to pacify Anbar province by recruiting most of the local Sunni sheiks, who had previously been part of the insurgency, to wage a common fight against al-Qaeda. But Obama admitted that the Iraq strategy is hardly an easy fit. "The situation in Afghanistan is, if anything, more complex [than Iraq]," he said. "You have a less governed region, a history of fierce independence among tribes ... [which] sometimes operate at cross-purposes...
...unemployment problem has roots stretching back to the first wave of migrants - about 80,000 of them - who followed the Dalai Lama to India in 1959. Many of them were unschooled, unskilled nomads who found only low-wage jobs in road construction. A few thousand were allotted uninhabited jungle land in southern and northeastern India and given training to become farmers. Later, some received subsidies to help market traditional handicrafts. But the vast majority of migrants settled in Dharamsala along with the Dalai Lama. The local economy was unable to absorb them. A mere lucky few found odd jobs...
...keynote speech to a somber Fianna Fail party conference over the weekend, Cowen told Irish voters to expect higher taxes. "Everyone will need to pay more," he said. But with a public appetite for bank-baiting still strong and further wage cuts and job losses on the horizon, most Irish voters are unconvinced that the burden of recovery will be equally shared. Irish voters may be angry, but they're likely to get a whole lot angrier...