LOL UAW demands

26,752 Views | 290 Replies | Last: 1 yr ago by 80085
Logos Stick
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:44a, 9/10/23
They are demanding a 40% pay increase. Thats a lot for uneducated and unskilled labor.

"A Wells Fargo analyst estimated that if all UAW demands passed, the average hourly labor costs for the Detroit companies would soar from about $66 per hour to $136 per hour"


Compare to Tesla:

"Elon Musk's company is estimated to shoulder about $45 in hourly labor costs, including benefits,..."


In addition:

"They are also demanding 40 hours of pay for a 32-hour workweek,..."



The Tension Driving the UAW Strike Threat https://www.wsj.com/articles/the-tension-driving-the-uaw-strike-threat-75e04119
Reply Quote
13
zoneag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:45a, 9/10/23
So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months
Reply Quote
109
DrEvazanPhD
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to zoneag • 9:05a, 9/10/23
zoneag said:
So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months


Then when ford moves no product…
Reply Quote
37
Trajan88
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Logos Stick • 9:09a, 9/10/23
AG
The auto I want is $60,000 today.

Price would jump to a level that would price me out for sure.

Good luck with all that Detroit.
Reply Quote
30
evan_aggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:09a, 9/10/23
AG
Honestly I'm jealous of union bargaining power. Basically you can manipulate the free market and contort wages. In some cases the job demands and skill is highly specialized (pilots), but in many cases it's not.


This is how some teachers in Illinois retire getting $100,000 a year after 25-30 years working. I'm at 20 years and there is no way my 401K is set to return 6-figures guaranteed if I retire at 58-60.
Reply Quote
25
1 edit
tremble
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to evan_aggie • 9:10a, 9/10/23
AG
It works until it doesn't. See the move of many of manufacturers to non-union states
Reply Quote
17
AtlAg05
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to zoneag • 9:11a, 9/10/23
AG
zoneag said:
So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months


Guess what that does to insurance rates…
Reply Quote
30
80085
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:11a, 9/10/23
AG
plenty of stuff left to automate, and this will shift the roi to justifiable levels
Reply Quote
33
Logos Stick
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to tremble • 9:13a, 9/10/23
tremble said:
It works until it doesn't. See the move of many of manufacturers to non-union states


Yes, but the NLRB has now changed the way unions can be formed, almost guaranteeing that the plants in those states will be unionized.

The manufacturers will have to offshore, which means loss of jobs.
Reply Quote
14
YouBet
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:32a, 9/10/23
AG
Yeah, I posted about this last week. He's merely copying the 40%+ wage increases all of the major airlines have recently given to their pilots.

And he's doing this across all auto manufacturers at the same time which is unprecedented. Get ready for $100K trucks as the norm.

Combined with the Marxist NLRB changes which they can't really do but will get away with it anyway means you are about to have profitability and innovation stagnate while costs skyrocket everywhere.

Inflation is transitory.
Reply Quote
21
Sid Farkas
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:36a, 9/10/23
AG
This deal is supported by the Biden administration, who at the same time says they want to get inflation under control.
Reply Quote
28
Logos Stick
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Sid Farkas • 9:37a, 9/10/23
Sid Farkas said:
This deal is supported by the Biden administration, who at the same time says they want to get inflation under control.


And are also forcing a transition to EVs. The manufacturers are telling the union they need the profits to make the transition. LOL.
Reply Quote
5
UTExan
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:39a, 9/10/23
UAW digging their own graves. Biden probably laughs at their absurd demands behind their backs while publicly giving cheap lip service to them.
“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
Reply Quote
7
YouBet
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:42a, 9/10/23
AG
And when they get underwater from all of this, they will simply get bailed out by the government. We already have subsidies in place for EV's and they are still losing their ass on making EV's.
Reply Quote
28
AgCat93
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AtlAg05 • 9:44a, 9/10/23
AG
AtlAg05 said:
zoneag said:
So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months


Guess what that does to insurance rates…


Begs the question: Are the insurance companies in cahoots with the UAW?
Reply Quote
4
Charpie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:58a, 9/10/23
AG
The big 3 aren't going to budge. They have been preparing for this for months.
Reply Quote
5
AgResearch
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Charpie • 10:02a, 9/10/23
AG
Charpie said:
The big 3 aren't going to budge. They have been preparing for this for months.


Unless they're prepared to break the UAW and bring in non-union workers, then they will fold like a newspaper.
Reply Quote
15
pacecar02
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:02a, 9/10/23
At current truck prices, people ought to consider going custom and getting an older car/truck redone and customized

60k can go a hell of long way in a reasonably appointed custom car/truck
Reply Quote
31
riverrataggie
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AgResearch • 10:05a, 9/10/23
AG
AgResearch said:
Charpie said:
The big 3 aren't going to budge. They have been preparing for this for months.


Unless they're prepared to break the UAW and bring in non-union workers, then they will fold like a newspaper.


NYC should start busing 'people' to Detroit.
Reply Quote
7
tremble
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Logos Stick • 10:06a, 9/10/23
AG
Logos Stick said:
tremble said:
It works until it doesn't. See the move of many of manufacturers to non-union states


Yes, but the NLRB has now changed the way unions can be formed, almost guaranteeing that the plants in those states will be unionized.

The manufacturers will have to offshore, which means loss of jobs.


Absolutely zero chance those changes survive legal scrutiny by this Court.
Reply Quote
2
Charpie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AgResearch • 10:08a, 9/10/23
AG
AgResearch said:
Charpie said:
The big 3 aren't going to budge. They have been preparing for this for months.


Unless they're prepared to break the UAW and bring in non-union workers, then they will fold like a newspaper.


Two of the big three are my clients. They are not folding. They have been preparing for this since the beginning of the year. They let the UAW go on strike in 2018 and they will let them do it again.

Did you see this piece from the UAW? GM offered up some sort of offering to which the UAW scoffed at


Reply Quote
5
YouBet
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Charpie • 10:17a, 9/10/23
AG
In and of itself, restoring pensions would destroy the companies. They are simply unaffordable pyramid schemes.
Reply Quote
35
Charpie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to YouBet • 10:20a, 9/10/23
AG
YouBet said:
In and of itself, restoring pensions would destroy the companies. They are simply unaffordable pyramid schemes.


Exactly.

Don't get me wrong. The big three are monolithic and full of divisions that inefficient and don't talk to one another. That benefits their vendors..a lot. However, they can't just roll on this. They won't. They are prepared to shut down for a few weeks at least.
Reply Quote
2
oysterbayAG
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:27a, 9/10/23
AG
" If something cannot go on forever it will stop "-------------------- Economist Herbert Stein
Reply Quote
6
richardag
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Logos Stick • 10:35a, 9/10/23
Logos Stick said:
tremble said:
It works until it doesn't. See the move of many of manufacturers to non-union states
Yes, but the NLRB has now changed the way unions can be formed, almost guaranteeing that the plants in those states will be unionized.

The manufacturers will have to offshore, which means loss of jobs.
Step one will be U.S. manufacturing will move offshore.
Step two will be the Democratic Party leadership penalizing US Manufacturers through the IRS and import regulations.
Step three will be the Democratic Party leadership imposing tariffs on all imports except EVs.
Step four the Democratic Party leadership cashing in all their laundered quid pro quo/bribery and corrupt schemes.
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Reply Quote
15
Kansas Kid
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to YouBet • 10:36a, 9/10/23
YouBet said:
In and of itself, restoring pensions would destroy the companies. They are simply unaffordable pyramid schemes.

And if that doesn't do it, the return of post retirement health care will.

This strike should be what pushes the US economy into full blown recession.
Reply Quote
3
bmks270
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:36a, 9/10/23
AG
Union is becoming a vampire that will suck the auto companies dry until they die.

Do they not realize the companies have a balance sheet?
Reply Quote
14
aggiez03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to zoneag • 10:40a, 9/10/23
AG
zoneag said:
So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months
Even better, we'll see $150k F150 ELECTRIC King Ranch Editions, Available financing for 240 months, with a battery life of 96 months.

Talk about being upside down on a vehicle.

Zero value once the batteries fail.
Reply Quote
32
Ribeye-Rare
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to YouBet • 10:46a, 9/10/23
AG
YouBet said:
Inflation is transitory.
Is that guy still in the witness protection program?
Reply Quote
5
YouBet
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ribeye-Rare • 10:57a, 9/10/23
AG
Ribeye-Rare said:
YouBet said:
Inflation is transitory.
Is that guy still in the witness protection program?
Should at least be in the corner with his dunce cap on.
Reply Quote
11
aezmvp
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aggiez03 • 11:02a, 9/10/23
And a 20k minimum repair bill for the batteries.
Reply Quote
4
aggiez03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aezmvp • 12:07p, 9/10/23
AG
aezmvp said:
And a 20k minimum repair bill for the batteries.
Yep, this is where things are headed...

Reply Quote
11
Manhattan
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aggiez03 • 12:57p, 9/10/23
More like you can generate your own electricity at home and not rely on others for transportation.
Reply Quote
1
Logos Stick
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Manhattan • 1:08p, 9/10/23
Lol, Manhattan has figured out how to defeat the first law of Thermo. Manhattans new two teas first law of thermo...

Delta E <> q + w
Reply Quote
27
1 edit
aggiez03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Manhattan • 1:10p, 9/10/23
AG
Manhattan said:
More like you can generate your own electricity at home and not rely on others for transportation.
Please expound...

You have a nuclear reactor at home?
Reply Quote
26
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.