Caterpiller busts the union

Just like Trimet, workers are too scared to stand up for anything anymore, China wages and working conditions here we come! This at a time when Caterpillar is making record profits!

Caterpillar argued that wages for the higher-paid workers exceeded market levels.

The deal the workers ratified contained far-reaching concessions, including the wage freeze, a pension freeze for the more senior two-thirds of the workers and a steep increase in what the workers pay toward their health care insurance. It also called for a $3,100 ratification bonus, which union officials said Caterpillar agreed on Thursday to increase from $1,000. 

Striking Caterpillar Workers Ratify Contract Offer - NYTimes.com