Analyst Cited on GM Bankruptcy

Labor Policy Director Paul Kersey was cited a Flint Journal story Sunday about the impact of the UAW on GM’s bankruptcy.

“How is it that a car company’s fate is being decided … by retiree health care programs?” Kersey asked. “Union-negotiated contracts and benefits really played a role” in the bankruptcy.

Kersey, The Journal reported, said that “the UAW not only helped create an unsustainable business model at GM, it hasn’t allowed the company to re-establish itself fully since the bankruptcy.”

The story referenced this commentary Kersey recently wrote,  which explains that Michigan’s automotive industry would have been better off had the Flint sit-down strike failed.

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