Consider This from NPR Biden On The Picket Line
Sep 26, 2023
Micheline Maynard, a journalist and author of "The End of Detroit," dives into President Biden's historic appearance on a picket line with United Auto Workers in Michigan. She discusses the tension between profitable automakers and striking workers seeking fair wages. The conversation also touches on the challenges of transitioning to electric vehicles and how this affects labor negotiations. Maynard highlights the delicate balance Biden must maintain to support workers while courting union votes in crucial swing states.
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Willow Run Plant's History
- President Biden visited the GM plant in Willow Run, highlighting its historical significance during World War II.
- Now, the United Auto Workers union frames its current fight for better pay and benefits as a battle against corporate greed.
Big Three Profits
- The Big Three automakers' profits have increased significantly due to high sales of profitable pickup trucks and SUVs.
- The average vehicle price is now around $48,000, contributing to the automakers' increased profits.
Auto Industry Rebound
- Despite previous predictions of decline, the American auto industry rebounded after the 2009 bailouts.
- The bailouts reduced the companies' debt, allowing them to become leaner and more profitable.
