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Boeing CEO delivered ultimatum to Machinists. Union leaders believe him
(www.seattletimes.com)
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this post was submitted on 02 Nov 2024
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Always call these companies bluffs when you have the power of numbers/bodies.
Unfortunately, safety nets are so weak in this country that many of the strikers probably don't feel financially safe extending the strike. Whatever they choose, I'm behind them, but there are definitely practical considerations here.
By design.
Union dues are supposed to go in part to a strike fund, to make sure that they can still pay bills.
Also, most of those machinists have second jobs because Boeing had been letting their purchasing power slide for so long.
It's not nearly enough. I'm not in their bargaining unit, but I've gone on strike with the IAM. It was 300 or 400/week.
https://myedmondsnews.com/2024/11/machinists-union-leadership-urges-approval-of-new-boeing-contract-offer/
If a 38% raise is $120k, then they're currently averaging $87k/year.
If you're making $87k/year -- and that's individual income, probably have a bunch of dual earners -- you really should not be living paycheck-to-paycheck. That doesn't even have to do with strikes, just should be maintaining an emergency fund.
Yeah, they are eating too much avocado toast...the problem isn't workers not spending wisely or saving the problem is not being paid what they are worth.
The question is whats the cost of living for their area...87k can be amazing in middle of no where, but can also mean you live in a garage if you are in bay area...