Because he was getting killed on supply chain issues. Now he needs to fill the pockets of reliable Democrats voters to kickback during the next election.
UAW rejects 21% pay increase.
- Thread starter FAUlty Gator
- Start date
his recent history still not showing he’s going to be a supporter of a long term strike so I think y’all’s assessment is just you being anti union
Tesla pays less because Tesla rewards its employees with stock. Hard to argue against having the workers benefit when the company benefits. Sounds like a win for those all around.
I hope he supports it fully and the union stays strong and chaps your ass.
Democrats fault according to bins. For basically everything.
Your party wants to kill social security.
So Joe has far less influence on this strike, if any at all. Got it. And yet you and the other dumbasses suggest he isn't doing anything on this because he's in the union pocket. JFC you are morons.
The question is whether or not the car companies can afford two extravagances.
1.) A generous wage package for workers.
2.) investing all of their excess cash flow instead into developing (and selling at a loss) electric vehicles ... and at some point, having to cut their losses and get out of that business. This will ultimately cost them billions of dollars.
.....
Sorry UAW! The Green Lobby got there first and is sopping up all of your future wage increases ... in a wild-eyed and speculative effort to save a planet that probably does not need saving.
In a sense UAW, that is your money that they are "investing" in a green future. I agree with your strategy of playing hardball until this industry can set some priorities. The "working man" is certainly NOT one, assuming they ever were.
Right now, they are obeying too many masters: customers, shareholders, unions, the green lobby, the various government agencies that have their fingers in the pie, ... and Congress and Joe Biden.
1.) A generous wage package for workers.
2.) investing all of their excess cash flow instead into developing (and selling at a loss) electric vehicles ... and at some point, having to cut their losses and get out of that business. This will ultimately cost them billions of dollars.
.....
Sorry UAW! The Green Lobby got there first and is sopping up all of your future wage increases ... in a wild-eyed and speculative effort to save a planet that probably does not need saving.
In a sense UAW, that is your money that they are "investing" in a green future. I agree with your strategy of playing hardball until this industry can set some priorities. The "working man" is certainly NOT one, assuming they ever were.
Right now, they are obeying too many masters: customers, shareholders, unions, the green lobby, the various government agencies that have their fingers in the pie, ... and Congress and Joe Biden.
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For the record, NAFTA was Reagan's dream child whenh he began his run for president in the 1980 election. It took about a decade for it all to come together and was pretty much drafted under Bush Sr.'s administration and then Clinton signed it. Clinton did add two side agreements, the North American Agreement on Labor Cooperation (NAALC) and the North American Agreement on Environmental Cooperation (NAAEC), to protect workers and the environment.
One of the fallouts of NAFTA was the increase of migration from Mexico to the U.S. after it was determined that Mexican farmers couldn't compete with the subsidized American agricultural interests. More on that in the link below:
https://scholar.smu.edu/cgi/viewcon... heavily-,in search of alternative employment.
If we have learned anything on this board, the Dems are never at fault for anything. When they have the majority, nothing they could possibly do. Meanwhile if the R's have the majority they should be fixing everything. It's kind of amazing.
No.
In the last decade car companies have made $250B in profit. Just the last 6 months, $21B.
In the last 4 years:
CEO pay up 40%
North America profits up 65%
Stock buybacks up 1500%
Car prices up 34%
Employee wages....... 6%
Employee wages account for only 4-5% of a vehicle's manufacturing costs.
That was the standard before Regan. He and his administration totally took a big $hit on the working class. Maybe you are too young to remember it?
The first two years of the Reagan administration marked a period of carnage for the working class.
Fed Chairman Paul Volcker’s interest rate shock therapy created a vortex in the industrial economy, which, by 1982, sucked down factories and farms, cities and towns, and entire regions. By December 1981, there were 10.7 million officially unemployed, or 8.9 percent of the workforce. In 1982, the unemployment rate rose to 10.7 percent. There were 2,696 mass layoffs or plant closings, resulting in the loss of more than 1,287,000 jobs. [1]
What became of the hundreds of thousands of workers who were laid off, a flood of human misery to which the PATCO workers contributed only one tiny stream? Very few systematic studies have ever been done. In one rare exception, a 1982 Cornell University study analyzed the status of 4,700 workers laid off at the Mahwah, New Jersey Ford Plant in 1980. Half of the hourly workers were still unemployed two years later. Among those over the age of 40, 61 percent were without work; among women, 72 percent were jobless. Prior to the shutdown, median income was $21,600. Two years later it was less than half that, $10,400. [2]
The misery of mass layoffs was augmented by the most savage class war budgets in modern history. Reagan’s 1981 and 1982 budgets took a torch to programs that aided the most vulnerable sections of the working class—the unemployed, the poor, the elderly, children, the handicapped, Vietnam veterans, even retired miners suffering from black lung disease. At the same time, the budgets provided shamelessly massive tax cuts to the rich and the corporations, and drastically increased military spending. These naked class war policies were aided and abetted by the Democratic Party, which in both years provided the dozens of votes necessary to ensure their passage. [3]
The stated aim of creating mass unemployment was to drive down the cost of labor. One by one, the trade unions fell into line—the United Auto Workers (UAW), the United Steelworkers (USW), the Teamsters, the United Rubber Workers, the American Federation of Teachers (AFT) and the National Education Association (NEA), and many others—reopening contracts and imposing concessions on rank-and-file workers.
https://www.wsws.org/en/articles/2021/08/12/patc-a12.html
LOL. How can that have been a talking point for years?
Your only original thoughts are insults, and even then most of your insults aren't original.
I wish the unions would negotiate a trigger so that their pay is also tied to the highest paid employee's pay (which would typically be the CEO). Something like the median non-exempt worker must make at least 1/100 of the CEO's pay, so that when Ford pays their CEO $29 million in a year, their median worker's hourly wage would work out to $290,000 for 52 weeks at 40 hours a week ($140/hr).
Executive pay is a big issue in my opinion. The factorial gap between executives and the median worker is out of control. In 1965 it was approximately 20:1. Today it stands at approximately 400:1. It seems to me that a lot of CEOs and top executives treat their companies as if they were privately owned by them and take profits out accordingly. And of course, they all serve on each other's boards, so they scratch each other's backs on pay approval.
Executive pay is a big issue in my opinion. The factorial gap between executives and the median worker is out of control. In 1965 it was approximately 20:1. Today it stands at approximately 400:1. It seems to me that a lot of CEOs and top executives treat their companies as if they were privately owned by them and take profits out accordingly. And of course, they all serve on each other's boards, so they scratch each other's backs on pay approval.
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Exactly this, of course the WSJ added perhaps their estimated cost of every benefit they could think of or invent.
Autoworker's average pay pencils out at $28/hour. Top tier workers on the production lines who were hired prior to 2008 earn an average of $33/hour. Those hired after 2008 average $17/hour which is barely a living wage these days.
It's past the time to pay them more fairly, or just close shop.
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