Looks like a strike for Auto workers is likely in Fall.

[Anonymous]

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Anonymous wrote:Democrat here and I support strikes but this seems greedy

Greedy? They are woefully underpaid when you look at what companies are brining in. Asking for COLA is not greedy.

Oh please, they're trying to extort more than a COLA. Be honest.

They want 46% pay increases. They want to get rid of 401ks and have guaranteed pensions. They want healthcare for retirees. They want additional 'inflation' compensation. It will make any company bankrupt.

Bring on the EVs please.

Then maybe the CEO should align his own compensation with what the business can withstand. You can’t award yourself massive benefits while crying poor about giving anything to others who also generate profit for the company. Sounds to me like the CEO needs to be a true leader and voluntarily match the 20% that is being offered to labor. Then get labor to agree to a fair deal without double standards.

You really, really suck at math.

If you cut $28M in salary from the CEO, how's that going to affect GM's profitability?

It is meaningless because it is a drop in the bucket of total revenue. Contrast that to the extortion racket the Union has going - they'll add BILLIONS with a B in more costs to the companies. That will have 1000000000% more impact on the health of the company than the CEO's compensation. Again, the CEO doesn't set their own compensation, the board and shareholders do, but you're too stupid to understand that.

How will slashing executive pay affect profitability? Let me ask you how profitable the company will be without workers? That’s your answer. The workers want fairness.

If you keep paying executives in ways that are not fair to the workers then the workers will stop working. Talk about stupid.

Again, you suck at math.

GM's yearly profit was $22B for the twelve months ending in June 30th, 2023. Let's say we go nuclear and cut the CEO's salary by $28M (she currently makes $29M).

Wow, congrats you increased GM's profit by $28M/$22B = 0.1%.

Contrast that to increasing the cost of labor by $10B. $10B/$22B will mean a 50% loss in entire profits for GM.

You really suck at math and powers of 10. CEO compensation is a drop in the bucket in total cost for companies like GM etc. while labor costs are 100-1000 fold more.

You other mistake is assuming union labor is even needed. If I'm CEO, you can bet your ass I'd rather eat short term losses and automate the crap out of their jobs than permanently saddle my company with insurmountable debt loads and labor costs that will make my company insolvent. I'd also be heavily moving towards EVs, which were in the plans anyways, because they require 40% less labor to produce. I'd also be looking at ways to get rid of all union labor as much as possible either by bringing in foreigners, cutting hours so everyone is temp or part time, or simply moving as much production as possible to Mexico. It'd be a combination of all of the above to get rid over ridiculously expensive labor killing the company.

We’ll see where we are in 30 days. Oh by the way, just to send you into more of a tizzy and make your veins pop out a little more, other unions are watching this very very very closely. We’ll see if they join in or not.

Say hello to USMCA. Send all of the production to Mexico and import the card back. There won't even be tarriffs if everything is done in Mexico, lol.

Gee, not hard to figure out....pay US workers $40/h + pensions + healthcare + inflation increases + retirement health OR just pay some Mexican workers $16/h with none of the above liabilities.


Ship it all to Mexico.

Awwww. Poor baby! Upset you don’t have a labor class to exploit? Take it back to the RNC.

Labor class exploit?

The UAW wants a 46% increase and a 32 hours a week instead of 40. Plus, a new pension system. Get real.

Trucks just jumped from 40K to 65K in the past couple of years before this strike ever happened.

Yes it’s exploitation when you secure a 40% raise for yourself while refusing to do the same for your workers.

Name a CEO that gives themselves a 40% raise.

You are clueless with how publicly traded companies are run.

Red herring semantic games all you got? Let me know when you are arguing in good faith.

Let me know when you understand business 101, the structure of a publicly traded company, and the basics of a corporate charter.

NP. Let us know when you understand worker’s rights and collective bargaining!

[Anonymous]

“At a union hall here in United Auto Workers President Shawn Fain’s hometown, a half-eaten pizza and a bag of Werther’s Original candies were spread out across a conference room table. “

🤮

I’ll give union workers all their demands if they all follow a Japanese diet

https://t.co/DgaKbe93dF

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Workers are finally seeing how Democrat elites want to disappear cars for average Americans. The workers are demanding long range job security, which of course can’t happen.

The writing is on the wall...

???? The democrats are the ones supporting the striking workers for better wages. What the heck are you talking about?

Liar. Democrats want to force electric vehicles.
American auto workers won’t HAVE jobs!
This is why they’re demanding long term job security. They know their jobs will be gone (to China) long before they can retire. People can see how Democrats in power HATE working class Americans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Workers are finally seeing how Democrat elites want to disappear cars for average Americans. The workers are demanding long range job security, which of course can’t happen.

The writing is on the wall...

???? The democrats are the ones supporting the striking workers for better wages. What the heck are you talking about?

Liar. Democrats want to force electric vehicles.
American auto workers won’t HAVE jobs!
This is why they’re demanding long term job security. They know their jobs will be gone (to China) long before they can retire. People can see how Democrats in power HATE working class Americans.

what a nutcase you ae

[Anonymous]

Democrats in power hate working class Americans.

[Anonymous]

Ya'll must have never been to Ft Myers Florida. This area is heavily populated with retired auto workers who have second homes in the area.

The UAW have long had very plush pensions and cadillac health care coverage.

Most of the auto worker retirees we ran across retired after 20 years due to the really good pensions. Their primary residence was in Michigan and their second home was in the Ft Myers area.

[Anonymous]

Anonymous wrote:Democrats in power hate working class Americans.

Maybe the people who Biden surrounds himself with but not him. Really though the Democratic elites despise Michigan Democrats and working class Democrats just a little less than Trump supports. This has been the case for well over a decade. Democrats in DCUMlandia brand those other democrats MAGA but still expect them to tow the party line exactly has they are told they should.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Democrats in power hate working class Americans.

Maybe the people who Biden surrounds himself with but not him. Really though the Democratic elites despise Michigan Democrats and working class Democrats just a little less than Trump supports. This has been the case for well over a decade. Democrats in DCUMlandia brand those other democrats MAGA but still expect them to tow the party line exactly has they are told they should.

This is made up nonsense

[Anonymous]

Anonymous wrote:

Anonymous wrote:Democrats in power hate working class Americans.

Maybe the people who Biden surrounds himself with but not him. Really though the Democratic elites despise Michigan Democrats and working class Democrats just a little less than Trump supports. This has been the case for well over a decade. Democrats in DCUMlandia brand those other democrats MAGA but still expect them to tow the party line exactly has they are told they should.

Biden has expressed his support of the UAW strike. Congressional Democrats pledged solidarity with the strikers. Yes there are a number of fake Democrats though like Wall Street types (and yes some on this thread) who do despise labor and workers. But the leaders of the party are in lockstep with the UAW.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Democrats in power hate working class Americans.

Maybe the people who Biden surrounds himself with but not him. Really though the Democratic elites despise Michigan Democrats and working class Democrats just a little less than Trump supports. This has been the case for well over a decade. Democrats in DCUMlandia brand those other democrats MAGA but still expect them to tow the party line exactly has they are told they should.

Biden has expressed his support of the UAW strike. Congressional Democrats pledged solidarity with the strikers. Yes there are a number of fake Democrats though like Wall Street types (and yes some on this thread) who do despise labor and workers. But the leaders of the party are in lockstep with the UAW.

This is blatantly false. When you’re pushing mandates of unaffordable electric vehicles, you’re pushing for the elimination of jobs for American auto workers.

Let’s stop with Democrat lies.

[Anonymous]

American workers can build electric cars.
Stop trying to derail the discussion.

[Anonymous]

Anonymous wrote:Democrats in power hate working class Americans.

yep, those damn deplorables. never worked with one, never socialized with one, and they just look weird.

but remember

The vast disparity in pay between workers and their bosses is one of the UAW’s biggest bones of contention.

General Motors CEO Mary Barra made $29m in 2022 – 362 times the median wage of $80,034 at the company.
Ford CEO Jim Farley made $21m in 2022 – 281 times the median worker of $74,691.
Stellantis CEO Carlos Tavares made $24.8m in 2022 – 365 times the average worker’s $67,789 wage.

CEO pay at the big three companies jumped by 40% between 2013 and 2022. Meanwhile, auto manufacturing workers have seen their average real hourly earnings fall 19.3% since 2008, according to the Economics Policy Institute.

Starting wages at GM’s Ultium Cells battery plant in Lordstown, Ohio, are just $16.50, according to the UAW. Meaning it would take 16 years for a full-time worker to earn what Barra earns in a week.

[Anonymous]

Anonymous wrote:American workers can build electric cars.
Stop trying to derail the discussion.

Building electric cars requires 40% less labor than combustion engines.
Jobs will be lost. And, our country is nowhere ready for a rapid transition to electric.

[Anonymous]

The UAW and it’s workers realize that the companies are already automating and outsourcing as fast as they possibly can — to the extent there are still jobs in America it’s because it’s not practical to make them elsewhere. Have you noticed it’s mostly the big trucks that are made in the US now? This isn’t going to push automation because automation is already on full throttle — the only limits are the current limits of the tech. This isn’t 1970–everyone knows how this story goes.
Andi I think the UAW position is that the increases in car costs have not been due to rising costs but are rather corporate greed going to exec salaries, stock dividends, etc. that the companies have taken advantage of a global crisis and the ensuing supply chain shortages to raise prices and enrich themselves. And failed to give the workers a share of that increasing pie. I haven’t seen the math on that so don’t know if that’s right. But I’ve certainly heard other critiques that companies are taking advantage of inflation to raise prices more than is warranted.

[Anonymous]

It seems to boggle many minds of all political persuasions here that there is a federal law that grants employees the right to engage in union and other forms of collective activity.