Posted on 09/15/2023 7:30:24 AM PDT by Kaiser8408a
12,700 union workers walk out of three Midwest plants GM, Stellantis and Ford seek more talks; Biden to mumble, get irrationally angry and tell a personal story on Friday The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that could launch a costly and protracted showdown over wages and job security.
After the midnight deadline for a new contract passed, workers walked out on a Ford Motor Co. plant in Michigan that makes Bronco SUVs, a General Motors Co. factory in Missouri that assembles Chevrolet Colorado pickups and a Stellantis NV plant in Ohio that builds Jeep Wrangler SUVs. The union and automakers are still far apart after weeks of talks.
I can’t wait to hear Biden’s incoherent speech on the union strike. Old Joe is allegedly the most pro union President in history. He will mispronounce words, mumble, have an outburst of anger, and tell a story about when he built cars in Scranton PA.
Anyway, in August, the drop in the output of motor vehicles and parts (-7.60% YoY) contributed to declines in the indexes for consumer durables and transit equipment. A strike will not help.
(Excerpt) Read more at confoundedinterest.net ...
“Biden to...tell a family story on Friday”
$$$$$$$$$$$$$
That will be complete dementia-addled bullshit
Looking at their wages...If this $18 avg for an assembly person is correct...it’s a pretty sh**** wage gor these days.
46% pay raise demand for EVs losing $30k per vehicle. Great strategy.
Yes it sounds like the old Chrysler gig $$$$$$$$$$$$$$$$$$$$$
Biden worked on a car assembly line for decades under Henry Ford , he knows how to deal with management and unions
“The UAW saw a loss of membership after the 1970s. Membership topped 1.5 million in 1979, falling to 540,000 in 2006. With the late-2000s recession and automotive industry crisis of 2008–10, GM and Chrysler filed for Chapter 11 reorganization. Membership fell to 390,000 active members in 2010, with more than 600,000 retired members covered by pension and medical care plans.”
https://en.wikipedia.org/wiki/United_Auto_Workers
The current active membership is about 383,000:
About 150,000 work directly for the Big Three.
I was thinking this would be a great excuse to permanently shut down all EV production.
When I was a kid, and working on the factory line at ford, there was this wise old coworker we called “hubcap”.
You forgot the part where Hunter Biden had to brandish a gun (illegally obtained) to force the strike-breakers to back off.
Remember the old Obama-Biden campaign slogan?
“Bin Laden is dead, and GM is alive”, which referred to the bailout of General Motors by Obama.
Biden is of the same mindset. Ford in particular has incurred big losses with converting to electric car production. I expect Biden would want to subsidize car companies in that conversion.
You can’t pay more than the wealth your position generates, not if you want the business to stay in business.
If the wage has fallen, it’s because the value of your position has also fallen. The automakers and the union would be better off to try and figure how to improve the productivity of each position in order to pay more.
Story time with Joe. It should be a weekly TV series.
This would be a good time for the Governor of Alabama to convince the automobile companies to move their factories down there.
~$60K/year
https://www.indeed.com/cmp/Ford-Motor-Company/salaries/Line-Assembler
~$56K/year on average
“Assembly Line Worker salary can vary between $24,000 to $86,500”
https://mint.intuit.com/salary/general-motors/assembly-line-worker
In many places in the Midwest housing is cheap, often less than half of replacement cost.
GM CEO Mary Barra’s 2022 compensation: $28,979,570
What the company pays Barra
$2.1 million in salary
$14.6 million in stock awards
$4.9 million in option awards
Nearly $6.3 million in incentive plan compensation
$1.1 million in other payments
OK, so 20 million over base salary and they are doing badly?
Joe Biden, on the 2024 auto workers strike.
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