Bidenomics: United Auto Workers Union Authorizes STRIKE

Bidenomics is working quite well, according to our resident-in-chief. …

If you call record inflation, a banking collapse, a looming currency crisis, a worker shortage, and proposed strikes across multiple industries good for the economy. …

According to the latest reports, members of the United Auto Workers union (UAW) have overwhelmingly voted to authorize a strike—97% of members voted yes.

More Perfect Union explained: “150,000 members of United Auto Workers have voted overwhelmingly to authorize a strike. With 97% voting yes, the UAW now has the power to strike at Ford, General Motors, and Stellantis. The autoworkers could launch this massive strike as soon as September 15th.”

BREAKING: 150,000 members of United Auto Workers have voted overwhelmingly to authorize a strike.

With 97% voting yes, the @UAW now has the power to strike at Ford, General Motors, and Stellantis.

The autoworkers could launch this massive strike as soon as September 15th. pic.twitter.com/dvtvSjoIxf

— More Perfect Union (@MorePerfectUS) August 25, 2023

United Auto Workers President Shawn Fain confirmed the vote on Friday afternoon. Fain stressed that the authorization of a strike does not mean that a strike is inevitable.

United Auto Workers President Shawn Fain announced the union authorized a strike with 97% approval Friday. The vote does not guarantee a strike, but means UAW can call one if "the Big Three refuse to reach a fair deal." https://t.co/ANdl8DY2xj pic.twitter.com/JNT1VkoxHf

— Newsweek (@Newsweek) August 25, 2023

Newsweek listed UAW’s demands:

UAW leadership and workers feel short-changed on myriad issues. Their demands include:

The elimination of wage tiers, similar to how the Teamsters came through for UPS workers to recently avoid a strike.
Double-digit pay raises commensurate with 40 percent pay spikes for the Big Three’s CEOs in the past four years.
A restoration of cost-of-living adjustments (COLA).
Pension benefits for all employees, including new hires.
Re-established retiree medical benefits.
The right to strike over plant closures, as 65 U.S. plants have closed in the past two decades.“Significant” increases in retiree pay.
More paid time off.

News Nation’s Emily Finn reports: “Negotiations have been tense, with the UAW’s list of demands including a 40% pay raise for workers, cost of living adjustments, and a 32 hour work week. Analysts estimate a 10 day UAW strike could have a total economic loss of $5 billion.”

Today on @NewsNation: Nearly 150,000 members of the United Auto Workers union are voting to authorize a strike against the 'Big Three' Detroit automakers — Ford, GM, and Stellantis. Negotiations have been tense, with the UAW's list of demands including a 40% pay raise for… pic.twitter.com/YaXvwxD5Yy

— Emily Finn (@EmilyRoseFinn) August 23, 2023

Axios explained: “A big sticking point in contract talks between Detroit automakers and the United Auto Workers union is the popular assertion that manufacturing electric vehicles requires fewer workers than traditional cars. In fact, the opposite may be true.”

A big sticking point in contract talks between Detroit automakers and the United Auto Workers union is the popular assertion that manufacturing electric vehicles requires fewer workers than traditional cars.

In fact, the opposite may be true. https://t.co/6Y2fqk1S0l

— Axios (@axios) August 23, 2023

Washington Examiner shared this statement from UAW President Shawn Fain:

“Our union’s membership is clearly fed up with living paycheck-to-paycheck while the corporate elite and billionaire class continue to make out like bandits.”

The Big Three have been breaking the bank while we have been breaking our backs.”