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at least more of those skyhigh prices will go towards working people in America
originally posted by: DAVID64
www.foxbusiness.com...
The United Auto Workers will strike at the Big Three Automakers-GM, Ford and Stellantis on Thursday night at midnight after the companies did not reach a tentative labor deal with autoworkers.
If you think cars are expensive now, just wait.
The workers are demanding a 40% pay raise over a 4 year period. Full time workers make $32.32 an hour, so that will almost double their pay. Part time workers make about $17, so that would bring them up to roughly $30 an hour and include benefits and pensions.
The union is also pushing for making all temporary workers at the automakers permanent, cost-of-living adjustments, increases in pension benefits for current retirees and restoring pensions for new hires, among other benefits.
I'm not saying they shouldn't get all that, but we know the companies are not just going to eat the cost, it will be passed on to the consumer.
This affects my youngest Son, as he is in the chip industry and his company has asked for volunteers to be laid off. This will have a trickle down effect on other industries that supply the auto makers, so it's not just them. Used car prices were coming back to normal, but they'll skyrocket again because folks just can't afford a new one.
Better get'em while the gettin's good.
the big 3 harm people in America and the more those workers make the more our markets via their pensions , investments and shopping go up
originally posted by: schuyler
It's not ALL the workers' fault, but let's not pretend they aren't part of the problem. This kind of greed is why manufacturing went overseas in the first place. These demands are not insubstantial and can't be solved by laying off a few salaried workers. The fact is the industry makes junk and people don't want to buy junk. ICE is dead. Just look at the car lots overflowing with unsold pickups. Companies like Tesla are going to eat Detroit's lunch because they can make cars cheaper with fewer parts and no whining. The only guarantee is that the industry will blame everyone but themselves. Having the politicians in their pocket is not going to be enough to save them. They are about to trade a strike for a permanent lay-off where the only jobs for these so-called "skilled" workers is flipping burgers at McDonalds. if the industry does figure out how to make EVs profitably, they won't need as many workers to do so, so it's lose/lose for the workers either way. The entire industry is changing and a good many workers won't be able to transition, either because of attitude or low IQ. That goes for the companies and management as well. I wouldn't be surprised if they all went under.
Think it can't happen? Take a look at Pittsburgh and the steel industry. Those used to be "union" jobs, too. Now they don't exist. You needn't even go that far. Take a look at Detroit itself where entire city blocks have been bulldozed just to keep the rat population down. The city is already like the Walking Dead.
It's all over but the crying. You can thank the UAW for the coming recession.
originally posted by: WingDingLuey
32 hours paid for 40 is a 25% increase alone
what about electric car workers?
originally posted by: MetalThunder
Continued at: www.foxbusiness.com...
I may not agree with everything the UAW is asking for in their current strike, but I do think they have a lot of important points on their side.
Two key points are Bidenflation and Biden's completely unbalanced, insane climate policies.
On Bidenflation, remember when former President Obama negotiated the auto bailout back in 2009, the UAW agreed to forego cost-of-living adjustments in their contract. Hat-tip to Breitbart's John Carney for reminding me of that one. So, they haven't had a COLA increase in many years.
That was OK until recently, when Joe Biden came into the White House and launched a left-wing spending frenzy, which the Federal Reserve playing along, at least until recently.
The Consumer Price Index has increased almost 17% since Joe Biden took office. Necessities like food and gasoline have spiked 20% and over 60% respectively.
So, their real wages have plunged and they're not happy about it. Can't blame them. Not surprisingly, one of the key union demands is the return of cost-of-living adjustments.
originally posted by: DAVID64
www.foxbusiness.com...
The United Auto Workers will strike at the Big Three Automakers-GM, Ford and Stellantis on Thursday night at midnight after the companies did not reach a tentative labor deal with autoworkers.
If you think cars are expensive now, just wait.
The workers are demanding a 40% pay raise over a 4 year period.[....]
originally posted by: Xtrozero
originally posted by: DavidsHope
The cost of a new vehicle is one of the catalysts that will bring this country to its knees. And no one wants to be on their knee unless they are in front of God.
Some of this is greed. Some of this is need. Some of this is not needed for the sake of a country slowly disintegrating.
These plants are in expensive areas to live brought about by the higher average income ranges that unions create. They need to move their plants plain and simple. In San Antonio at the Toyota Truck plant the wages are $13.75 to $20.67 and when the plant opened they had 15,000 people apply for a job. A new 2023 Tacoma is about 29k and a new 2024 Tundra is like 39k so what kind of Truck are you looking for?
BTW I buy my cars 3 years old with low mileage. One of my cars was 85k new and with 9k miles I got it for 40k, the other was 60k new and I got it for 14k low mileage. I'll never buy another new car again.
Lastly, as 2 nurses you both didn't have a 401k program for 30+ years?
originally posted by: Haxlee
Moving an entire plant is no simple task...
originally posted by: namehere
why is it always American companies being targeted by strikes? its never foreign companies, so it almost feels like industrial sabotage or the action of a foreign government to make American companies uncompetitive.