Posted on 09/14/2023 6:20:48 PM PDT by ChicagoConservative27
Thursday on CNN’s “The Lead,” anchor Jake Tapper asked Ford CEO Jim Farley why, after CEOs got large raises, they can’t “share the profits” with the workers to avoid a strike.
Tapper said, “I just interviewed Shawn, the head of the UAW, the other day, and I wanted to pass on a question based on something he’d told me the other day, which is over the last four years, each of the big three car manufacturer CEOs in addition to their multi-million dollar salaries, they received on average a 40% pay increase. So why are the auto workers wanting a raise beyond what’s been asked, why is that so offensive compared to the 40% raises they have given themselves?
(Excerpt) Read more at breitbart.com ...
Yep. There is nothing wrong with a CEO making good money, but if you aren’t paying your people enough, especially to keep up with inflation; that’s just wrong.
The beauty of private unions is the ability to negotiate and likewise suffer in marketplace as a consequence of bad outcomes. On the other hand, the taxpayer cannot starve the voracious public unions regardless of outcomes.
Not understanding your post. Who are you saying is wasting money on EV Ford 150s? The workers? Or the executives? If a company is somehow running a profit, I would like to think they would spread the money around from top to bottom , not just the Executive class. I don’t think things like that should be government mandated obviously, but I think companies that would take it upon themselves to be generous to all employees would show a better face for capitalism- instead of always corporate bonuses 🙄
If the executive suite gets a 40% raise, and workers get nothing more, management shouldn’t too be surprised at the workforce they get.
Ford autoworkers mark about 50-60 bucks an hour compensation. Not bad for wrenching 8 hours a day.
I wouldn't say stupid. They know the plan. So they are preparing for a future without ICE vehicles.
Why don’t the workers ask why the heads of the Unions make so much?
Goverment and Big Business are now one and the same.
It’s called “Fascism”.
Arbitrarily paying higher salaries in an inflationary economy will only make inflation worse.
Maybe the failed EV market is pushing Ford to bankruptcy. Giving the workers more money would be the tipping point.
Spot on! It's not for the lack of generosity to the workers. It is a practical matter where the increase in wages drives up inflation for the local economy. Such inflation creates a demand for even more money. The overall increased cost of goods and services has a circular effect on the wage increase; eventually, as goods and services in the market overall increase, higher wages will be needed to compensate for the increased prices of consumer goods.
In a non-typical move Breitbart is taking the side of the UAW...(2008 concessions, Govt. Motors CEO huge raise, etc. etc.):
I read the UAW goons want a massive pay increase AND to be paid 40 hours a week but only have to work 32. Screw em. They are all crooks. Let them all crash and burn and go to the dustbin of history where they belong. “The Big Three” have been milking the taxpayers and the UAW is a marxist corrupt mafia.
Instead of paying one CEO $50 million, give one million workers fifty dollars each!
Instead of paying one CEO $50 million, give one million workers fifty dollars each!
I am all for capitalism but there are plenty of so called capitalists who do everything they can to keep most for themselves.
For capitalism to work, owners must have a personal ethic founded in christianity. Otherwise, it is no different those other -isms that exploit people.
I was only asked to join a union once in my life and it was a summertime job. I said no. I still worked at the place, was paid 25 cents less an hour then the union stooges and they all knew I was not union so you can guess how they treated me.
Of course, the best answer would have been, “Because, Jake, the United States of America is not a communist country.
Why did Lenin die a rich man?
Why did Stalin have Leon Trotsky hacked to death for asking about the poverty-wages of the Russian workers?
How much of your contract do you spread around here?”
What future?
So are we to believe these union workers aren’t being compensated adequately already. Typical union extortion. His pay and the pay of workers arent linked to any kind of agreement. Union made a deal and he made a deal.
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