In Michigan where the economy is already in ruins, the Grand Rapids Press highlights warnings from University of Michigan economist Don Grimes about the nationwide UAW strike:

“It’s not exactly what the state needs right now,” said University of Michigan economist Don Grimes. “You’ve got a train wreck in Detroit and a train wreck in Lansing. It’s like a perfect storm.”

“The workers will be getting $200 a week in strike pay,” he said. “Before, they were earning $1,500 a week in pay.”

A $1,300 per-week pay cut is an awful lot to ask of these workers who have families to support. Meanwhile, GM looks to lose nearly $100 million per day due to the loss of production.

Looks like UAW bosses are hitting everyone where it hurts the most: their wallets.