It was just yesterday that I was praising the announcement that General Motors is strongly considering a beefed up new Camaro. How quickly the tables turn:

Delphi workers authorize strike: “Since Delphi is GM’s largest supplier, and GM in return supports more than 3,000 other suppliers, a strike at Delphi would indirectly affect the entire automotive industry.”

The UAW will pay striking workers (if it comes to that) $200 a week, and continue to pay their health insurance during the strike. This is a paltry sum compared the the average of $78/hour (including wages & benefits) that is typical of UAW Delphi employees. It is also a paltry sum compared to the $26/hour (including wages and benefits) that are paid by non-identified benchmark companies in a study Delphi did recently, to show just how out of whack their wages are viz their competion.

Vive-la “Single State Recession!”