GM can’t afford to give those striking workers what they want

Tim Mullaney
GM can’t afford to give those striking workers what they want

In the not-quite-a-week that General Motors workers have been striking, seeking better wages for less-tenured workers and trying to hang on to their unusually sweet deal on health insurance, there has been the usual choosing of sides. On Twitter, Rep. Alexandria Ocasio-Cortez has slammed GM (GM)  as greedy during a time of what she called record profits, specifically after the auto maker said it would suspend payments for strikers’ health insurance. In the New York Post, conservative economist Steve Malanga sided with the company, incongruously citing 10-year-old earnings reports that have little apparent connection to today’s GM.