[ChicagoConservative27]

All righty then...🙄

[ActresponsiblyinVA]

Private union demands can bankrupt companies. Public union demands result in higher taxes.

[ridesthemiles]

OBAMA killed GM & hammered other companies

GM dealerships all over the country were closed for good...Jobs lost, etc. Sales taxes lost, etc.

IIRC-—OBAMA gave the “NEW” stock to the UNIONS.

Therefore-—the STOCK HOLDERS ARE THE UNION MEMBERS & THEY ARE SUING THEMSELVES.

IF a CEO gives up $10 MILLION in pay ——That becomes $66.66 a YEAR to each of 150,000 union members.

MATH IS HARD-—

[Vermont Lt]

The realize that a 40% pay increase will increase the inflationary spiral, right?

They are doing what greedy, stupid people do: They grab for what they want—without any concern for what it does to others.

[CatOwner]

So, high inflation only exists for union workers. Got it!

[noiseman]

And if they succeed in “getting what they can”, that will only exacerbate and prolong inflation. It’s called the “wage/price spiral.” Inflation occurs because of too many dollars chasing too few goods, so pouring even more money into people’s pockets will only make the problem worse UNLESS wage increases are accompanied by corresponding increases in productivity. But that’s not what we’re talking about here; the UAW members want more money just because they want more money. We cannot allow that mindset to take hold or else we’ll never be rid of the high inflation, plus those on fixed incomes would be crushed in the process. Going down this road is how you end up with the average person making a million dollars a year, but a loaf of bread costing a hundred dollars, while the now minuscule by comparison fixed incomes of millions of retirees cause them to be left behind, starving to death in the streets.

[adorno]

NBC’s Cheung: Auto Workers Want to Get as Much as They Can Because ‘We’re Not Past High Inflation

She's right, but, she's clueless about what causes high inflation. Biden's spending (along with some by republicans, and crisis creation along with crisis management, are major causes of the high inflation.

Now, the auto workers are demanding higher pay along with better benefits, and shorter work hours for those higher wages. Nothing more inflationary than people demanding higher wages, and that creates a vicious cycle, because, those auto workers will be spending more of their higher wages on things that were made a lot more expensive by their higher wages demands. And, when it comes to housing, there is nothing that can make home prices go sky-high than the interest rates. Almost all the high inflation occurred under the Biden/democrats policies. Andrea and Brian won't give credit where credit is due, and that's Biden's economic policies.

Inflation feeds higher inflation, which feeds higher inflation, and so on...

[Iron Munro]

There is no way to justify a 40% wage increase.

This is just an attempted raid on corporate profits that will have to be paid for by massive price increases to consumers.

It is an exercise in applying raw power to raid the carmakers with backing by the democrat president and federal government.

[PGR88]

Welcome to the 1970s - cost-push and wage-expection inflation

[Dr. Sivana]

I’m going to assume that 40% is just an opening bid so that the a compromise of 19% looks like a win-win.

[frank ballenger]

1) union contract as with the larger UPS (amazing fact that the auto industry is now 2nd to UPS) grants big money.

2) workers have more money to spend everywhere

3) cars and parts cost much more to the consumers

4) inflation gets worse.