DailyRadical

The Socialist Party USA stands in solidarity with the American Axle workers as they carry out a strike in defense of their wages and benefits. The American Axle Corporation has attempted to reduce wages to $14/hour from $23/hour and cut retiree pension benefits. An almost 40% wage decrease is intolerable under any circumstances, but in a time of financial surplus -- when American Axle is able to pay a hefty dividend to its shareholders it is simply unconscionable. This episode is the most recent example of the overall offensive waged by corporations against manufacturing workers in America.