CIO wage plan ridiculed as risky profit forecast says Murray
Paul Mallon argues CIO leader Phil Murray greatly overestimates next year's profits nine and a half billion dollars and warns that a 20 cent hourly wage boost plus two and a half billion dollars for six million members could provoke further strikes, car shortages, and inflationary damage. He criticizes the CIO for basing policy on dubious projections and urges a reality based program to avoid economic crisis.
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