New Study Confirms Benefit of Support to Auto Industry
March 21, 2012, 11:15 AM EST
A new study released today by the Institute for Research on Public Policy has established that government support for important capital projects in assembly pays dividends for the larger economy and even for the government. This comes in the form of higher auto employment, exports and tax revenues.
Other conclusions drawn by the study's authors have raised concerns. CAW Economist Jim Stanford has written a response, including refuting the claim in the report that that cutting auto wages by $10 eliminate the need for active auto investment supports.
To read CAW Economist Jim Stanford's detailed response, click here