Good.
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Ford thinks they can weather this since they needed to cut output anyway.
I think they have been intentionally making a bad offer so the union strikes and thus production is cut while they blame it on the union to stockholders.
That's the play but it is has expiration date, hopefully strikers will out last these brain dead lEaDERShIP
They just make a reasonable offer then. Most strikers cannot afford to last much longer - the union pays less than minimum wage for carrying signs (I haven't checked this strike, but that is typical)
I'm not sure what this particular contract looks like but UAW is huge. Likely with a lot of money in their strike fund. I'd suspect they're getting something like 60+% of whatever their pay was.
Maybe the managers should pull themselves up by the bootstraps and run the plant on their own.
While I sympathize with the workers wanting more money, I'm not looking forward to new vehicles being more unattainable than they already are.
Did you learn economics 101 from your teevee?
This particular plant is making premium SUVs and pickups, by the sound of it, so already luxury vehicles. It's not like they're making economy cars.
It's still going to affect the whole car market. A truck buyer might switch to a smaller car, limiting those, driving up used car prices. If workers get what they want and we get more appetite for car alternatives, win win.
Ford thinks they can weather this since they needed to cut output anyway.
I'm seeing double here. 4 krusties!