In the last half century, tension would erupt in Detroit every four years as the United Automobile Workers and the Big Three car companies attempted to work out a new contract. Thankfully, that is not the case in 2011.
Led by General Motors and supported by Chrysler and Ford, GM has stepped up efforts to devise a competitive cost structure that both the companies and the union can live with for the next four years. This would include increasing entry level wages and establishing a new profit-sharing formula for workers at all three Detroit car companies.
Since its beginning in the late 19th century, Catholic social theology has always stressed the need for trust, cooperation and justice in the economic system and when these virtues are present both sides will see that it is to everyone’s advantage to cooperate and to produce a smooth running economic machine that will provide the best for everyone.
This country desperately needs jobs – jobs, jobs, jobs, and more jobs. A crucial component of improved employment is a spirit of cooperation and trust developing from both sides of the economic equation. If we could function in that manner, the whole country would benefit tremendously and as goes the United States, so goes the world. There is so much at risk. Let’s pray for success.