President Biden Asking UAW And Big Three Automakers To Work Out A Fair Agreement
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The United Auto Workers (UAW) labor union is currently engaged in contract negotiations with the Big Three automakers, including General Motors. The new contract terms will determine a major component of GM’s labor costs over the course of the next three to four years. Now, President Biden is weighing in on the ongoing negotiations.
In an official White House statement, President Biden urged both sides to come to an agreement that supports the middle class, while continuing the transition to “a clean energy future.”
“As the Big Three auto companies and the United Auto Workers come together – one month before the expiration of their contract – to negotiate a new agreement, I want to be clear about where I stand. I’m asking all sides to work together to forge a fair agreement,” the statement reads.
The statement goes on to state that the Big Three automakers should offer jobs “that can support a family,” while honoring the right for workers to organize and taking “every possible step to avoid painful plant closings.”
“The UAW helped create the American middle class and as we move forward in this transition to new technologies, the UAW deserves a contract that sustains the middle class,” President Biden’s statement reads.
In a recent report, an unnamed source indicated that the UAW’s contract demands could result in an added $80 billion in annual labor costs. The added costs would be driven by a shorter 32-hour work week, retiree benefits, cost-of-living adjustments, the return of earlier pensions, and a 46-percent wage boost, which, according to the source, could increase labor costs from $64 per hour currently to $150 per hour.
In an effort to provide greater transparency in the ongoing contract negotiations, GM launched a new website providing updates on the latest negotiation developments.
Contract negotiations began last month. The current labor contracts are set to expire on September 14th, 2023.
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This idiots advice and a buck will buy you a cup of coffee at 7 11. Perhaps he should clean up his own house (literally and figuratively) before he hands out advice to others.
Thank you President Bribe’em.
“President Biden’s handlers asking UAW and big three automakers to work out a fair agreement”. Fixed
The dumbest and most corrupt President in my lifetime.
Which makes you less than three years old.
74 years here and still Biden is the most corrupt President in my lifetime yet 81,000,000 sheep continue to follow him over the cliff.
You must be a newborn.
I’m all for the workers making a fair living, but at what point do their wage increases cause the price of the vehicle to be too high for this middle class guy and those like me?
Prices are arguably already too high for the average middle class.
JT – The only people to blame for the high costs, are the people who voted for this regime. I believe the last President predicted this would happen.
It’s unfortunate how blind you are with your devotion to a wannabe dictator who does not care about anyone but himself. I’m no Democrat but thinking that any POTUS controls pricing power is ignorant.
Biden IS a dictator, not wannabe!
If you don’t understand what effect a president and his administration can have on prices, you probably shouldn’t be voting.
The first thing Biden did when he walked into the White House was kill the pipeline. That immediately drove the price of oil up. Oil is used in so many things, and not just to power our cars, but also in the manufacture of plastics and rubber, for power generation, for home and commercial heating, and so on. So almost everything we use in our daily lives instantly cost more because of the presidents actions.
Everything that Washington does can and usually does, have an effect on the economy. Non stop printing and spending of money, is what causes inflation. Government regulation effects the prices of everything made and sold in the country. Every new tax causes everything to cost more.
For the last 55 years the price of cars have continued to climb, in a large part because of Federal regulations. Cafe fuel mileage standards, safety regulations, pollution regulations, etc have all added huge costs to each new car made. Then there’s all the regulations piled onto how manufacturers do business, such as the ADA, EPA regs, OSHA regs, etc, that also add costs to every new car. A large portion of these laws, rules and regulations have to be signed by the president. You can’t to me what the president does doesn’t effect pricing. I’ve lived it, I’ve been involved in all levels of business since I graduated from school 48 years ago.
The hourly workers at GM can’t afford the price of new cars and trucks either.
Price will continue to rise no matter what the wage increase will be, or not be. As long as the population keeps purchasing these price gauging goods and services… as a business, why would you not continue raising the price in order to make more profit? That’s capitalism 101.
Businesses knows that there is money to be made out there, hence the prices we see today.
Prices will continue to rise as long as there are these draconian dartboard-style regulations that automakers have to condend with.
Got to love GMA’s picture selection showing Biden as a tough, firm leader, while in reality, he’s a feeble, old, confused man who doesn’t know how to get off of a stage…often being told where to go, or needing an escort to go in the right direction.
When is this fool and his son going to jail?
LGB
FJB
FJB
He sniffs, fondles and nibbles on Mary. Workers do you think he even cares about you
Does he even know what ate for breakfast? FJB.
Pretty sure the UAW will shoot itself in the foo and cost the midwest thousands of good paying jobs over the next decade or so.
It’s almost as if the UAW watched what unions did to the British manufacturers in the 60s and 70s, but decided it was a brilliant strategy.
“The added costs would be driven by a shorter 32-hour work week”. These people are insane. This is why I will never buy a GM vehicle. Such a shame since I love their trucks.
I know how you feel!
The UAW will do the same to Ford and Chrysler, GM is just fist this time.
Private sector doesn’t need dumbass Joe running their business he can’t even take care of his own. Look at this country it’s the worst it’s ever been.
That’s rich when talking about gm. Was your mind erased pre 2010?
Screw Joey Brandon. Stick to being the worst president ever.
Everyone should listen to joe. He noes best.