- 12,700 union workers walk out of three Midwest plants
- GM, Stellantis and Ford seek more talks; Biden to mumble, get irrationally angry and tell a personal story on Friday
The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that could launch a costly and protracted showdown over wages and job security.
After the midnight deadline for a new contract passed, workers walked out on a Ford Motor Co. plant in Michigan that makes Bronco SUVs, a General Motors Co. factory in Missouri that assembles Chevrolet Colorado pickups and a Stellantis NV plant in Ohio that builds Jeep Wrangler SUVs. The union and automakers are still far apart after weeks of talks.
I can’t wait to hear Biden’s incoherent speech on the union strike. Old Joe is allegedly the most pro union President in history. He will mispronounce words, mumble, have an outburst of anger, and tell a story about when he built cars in Scranton PA.
Anyway, in August, the drop in the output of motor vehicles and parts (-7.60% YoY) contributed to declines in the indexes for consumer durables and transit equipment. A strike will not help.
Confounded Interest - Anthony B. Sanders 
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