Strike??? Thoughts, insights, predictions.

[StephenPT]

Does the UAW union control the workers at the Toyota assembly plants in the states?

There have been efforts, but currently Toyota/Honda/Nissan have no unions in their USA production plants.

 

[Polo08816]

There have been efforts, but currently Toyota/Honda/Nissan have no unions in their USA production plants.

This is the way.

 

[Polo08816]

i'm just waiting to see how much prices end up going up for both new or used, while this mess gets sorted

Yes, new goes up because of the agreements reached and when the public cannot afford the new vehicles, the used vehicle market surges.

Does the UAW union control the workers at the Toyota assembly plants in the states?

I predict that the price of new cars will go up if the strike lasts for a long time. The big three will run low in inventory and the other OEMs will see demand spike. Then we'll be back to 2021 pricing for used cars... argg.

... no matter what.

Part of me hopes the Fed comes in and says, "We'll just raise the interest rate by 500 basis points. There will be significant deflation so no one will need a wage increase. But only 25% of you will have jobs so you all figure it out."

 

[George B]

Lol gold luck selling a job to a kid like that. Maybe that's the problem...'hey man this job is better than prison'

Many are disenfranchised because there's no safe bet anymore. Menial jobs used to provide people with everything. Now even six figures isn't really enough. Def can't be a grocer and make it. Trades ruin your body. Education is expensive. They don't want to work because they don't see the payoff.

Stay at home parent? Good luck with that.

Average high school graduate reads at a low middle school level. And billionaires tell then not to go to school so they become a wage slave.

Millennial and younger inherited a really crappy problem thanks to previous generations.

GenX got caught right at the turn! We know the value of the labor and would do it. We remember the time it would pay and have seen that slip right through our hands. I worked my way up in the company I am with and have made an upper-middle management position in 23 years. I have a HS diploma and lots of self taught skill but no additional schooling. Bought my house 20 years ago and mom stayed home with the kids until just 5 years ago. She now works part time. We used to be able to bank money but not so much anymore. The cost has out paced wages by a large margin.

 

[George B]

Too many kids are being raised by a younger generation that believes in getting all they can "with little to no effort" on their part. Too many think that the government owes them something. Most of the kids entering the work force are spoiled rotten and think they are owed something, just like their parents. I feel for the ones that work hard for their money because this world/country is going to hell. I will be dead when it all comes down but the younger crowd have to "reap what they sow".

I make side money from the neighborhood block on the vehicles they pay me to fix. I have, and will continue to, offer to show the younger kids in the family, how to diagnose and repair the family vehicles and even the driving teenager's vehicles, and have only been taken up on that ONE TIME. IMO, that is pitiful.

One fine example of the younger generation laziness, is readily apparent here on this forum. How many times have we all had to labor through a posted thread by a member that is using all lower case, no periods or question marks, poor spelling and punctuation..............and on and on and on and on. I get lost trying to make heads or tails of the question/concern/context.

You watch. Someone will get their feelings hurt because of this statement and complain. Sometimes, the truth hurts. Man oh man, it is an observation for criminy sakes.

Ron….

Not all of us raising kids are like the parents described here.

But… there is a booming population of morons out there!

Plus, the kids these days have their own sense of entitlement that seems grass roots to me. I work daily to break it here in my home. It’s exhausting.

 

[OR VietVet]

Ron….

Not all of us raising kids are like the parents described here.

But… there is a booming population of morons out there!

Plus, the kids these days have their own sense of entitlement that seems grass roots to me. I work daily to break it here in my home. It’s exhausting.

Yea, I know that. That is why I said most and too many.

 

[vinbart]

Part of me hopes the Fed comes in and says, "We'll just raise the interest rate by 500 basis points. There will be significant deflation so no one will need a wage increase. But only 25% of you will have jobs so you all figure it out."

Part of me hopes that I had a time machine to go back to the year 2000 and convince to the fed to NOT keep interest rates as low as they did for 20 year. The amount of un-realized inflation that drove into the economy is unreal.

 

[Banks22]

Part of me hopes that I had a time machine to go back to the year 2000 and convince to the fed to NOT keep interest rates as low as they did for 20 year. The amount of un-realized inflation that drove into the economy is unreal.

That’s not what is driving inflation, shutting down our own oil production and our stupid govt spending massive amounts of money are the problems

 

[vinbart]

That’s not what is driving inflation, shutting down our own oil production and our stupid govt spending massive amounts of money are the problems

Yeah, I'm not a monetary/currency expert by any stretch, so my opinion is just that.

 

[DuraYuk]

That’s not what is driving inflation, shutting down our own oil production and our stupid govt spending massive amounts of money are the problems

That's not true at all.
Inflation today is largely driven by greed. There's a reason corporate profits are higher than ever. https://www.epi.org/blog/corporate-...to-inflation-how-should-policymakers-respond/

The Fed has it wrong: Corporate greed is to blame for inflation, not rising wages, SocGen analyst says

Federal Reserve Chairman Jerome Powell has repeatedly said undercutting wage growth for American workers is essential for tamping down the worst bout of...

www.marketwatch.com

Our oil production is record highs. So again not factually correct.

U.S. crude oil production will increase to new records in 2023 and 2024 - U.S. Energy Information Administration (EIA)

www.eia.gov

US Oil Output to Hit Record This Year, Helping Counter Saudi Cuts

US oil production this year will rise faster than previously expected, providing additional crude supplies to a market that has tightened because of Saudi Arabian output cuts, according to a new government forecast.

www.bloomberg.com

 

[Banks22]

Here comes durayuk to start another argument.
Corporate greed? How does Mary barra making $30M cause your gas, electric, propane, grocery and pretty much everything else in this country to skyrocket in price?

 

[DuraYuk]

Why is it an argument when someone shows you the facts?

Here comes durayuk to start another argument.
Corporate greed? How does Mary barra making $30M cause your gas, electric, propane, grocery and pretty much everything else in this country to skyrocket in price? Answer: it’s caused by Joe *****

You need to understand economics. Business raise prices, consumers pay the prices, business makes record profits.

If inflation was not tied to corporate greed you would have high prices and low profits. Right now you have high prices and record profits.

Riddle me that. Oh wait, Let's blame 1 individual.

Last I checked Mary is a ceo. Her company made record profits. https://www.carscoops.com/2023/01/g...ed-2022-with-record-earnings-of-14-5-billion/

Record corporate profits are driving this. Hopefully some of it will trickle down to the labor and not just stock buy backs. https://thehill.com/business/375645...in-third-quarter-amid-40-year-high-inflation/

Check out the grocery stores lol. Making bank at your expense and your too busy blaming the wrong factors. These ceos must be laughing at us. https://civileats.com/2023/05/22/fo...hriving: Between,than $155 billion in profits.

 

[DuraYuk]

So your first mistake Is making everything political. Change that channel for a minute. Try.

I'm talking about record profits. Do you know what profit means? a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

So if everything costs more....labor...goods....materials....etc then how would their be RECORD profits ? So is that artifical inflation your seeing as a result of corporations blaming one thing then doing another? Absolutely. The pain the average person is seeing is directly related to corporate greed.

Why do you think UAW is on strike? Because the companies are making RECORD PROFIT and the labor is getting non of it.

So please step outside the bubble and look at things thru an objective lens. Look at things for how they are not how your channel sells it to you.

Here's the example:

Historically poop sells for $2 a pound. Costs me 1.50 to make it and I make .50 profit per pound.

Today poop sells for 6$ a pound. Costs 3.00 to make it I make 3.00 profit per pound = record profit. But I blame the government not my own greed.

 

[Banks22]

@DuraYuk this conversation started by someone saying the fed’s low interest rates caused inflation. What really caused inflation is the govt spending and fed printing money like crazy over the last 3-4 years, couple that with horrible economic policies, u have major inflation. You think it’s caused by CEO’s profits. And you think the uaw is striking cuz of record profits by their companies, yea the uaw president says that but why are the workers really struggling? Because they make the same amount of money they did 4-5 years ago but now their cost of living has gone up, food, utilities, gas, clothes, so they can’t make ends meet anymore just like everyone else so they need a raise.
So please step outside your ceo/company profits bubble and see the big picture

 

[DuraYuk]

@DuraYuk this conversation started by someone saying the fed’s low interest rates caused inflation. What really caused inflation is the govt spending and fed printing money like crazy over the last 3-4 years, couple that with horrible economic policies, u have major inflation. You think it’s caused by CEO’s profits. And you think the uaw is striking cuz of record profits by their companies, yea the uaw president says that but why are the workers really struggling? Because they make the same amount of money they did 4-5 years ago but now their cost of living has gone up, food, utilities, gas, clothes, so they can’t make ends meet anymore just like everyone else so they need a raise.
So please step outside your ceo/company profits bubble and see the big picture

Wow. You still missed it. Whatever man.

Crazy we live in a time where facts just get ignored.

 

[Banks22]

Wow. You still missed it. Whatever man.

Crazy we live in a time where facts just get ignored.

Have u ever noticed that you get in arguments with so many different people on here?
Crazy we live in a time where people are still blind to what’s really going on in this country

 

[vinbart]

@DuraYuk this conversation started by someone saying the fed’s low interest rates caused inflation.

Sorry. That was me. I didn't mean to turn the conversation from a one about UAW strikes turning into a shortage of new Yukon/Tahoes into one about interest rates and US monetary policy.

 

[DuraYuk]

Have u ever noticed that you get in arguments with so many different people on here?
Crazy we live in a time where people are still blind to what’s really going on in this country

It's not an argument. Problem is I'm a person of objectivity. When I see blatant misinformation I correct it. Facts drive me. Sources compel me. You guys get yourself all knotted up when someone shows how your wrong.

Rather then keep the conversation going you either make it political or start name calling.

It's tiresome. I give you the info then you resort to childish antics again. It's crazy. But I enjoy the entertainment. And I'm sure the others who read along can see what's what.

I just remember forums being a place where enthusiasts came and got objective information. Now it's a cess pool of opinionated zealots and cliques. The real info is lost.

Hopefully that changes but I doubt it..most are on message boards and Facebook these days.

 

[Blackcar]

If the farming community isn't benefitting from the prices in grocery store who is.
The price of eggs, beef and other agriculture products who is.CEOs

 

[Polo08816]

@DuraYuk this conversation started by someone saying the fed’s low interest rates caused inflation. What really caused inflation is the govt spending and fed printing money like crazy over the last 3-4 years, couple that with horrible economic policies, u have major inflation. You think it’s caused by CEO’s profits. And you think the uaw is striking cuz of record profits by their companies, yea the uaw president says that but why are the workers really struggling? Because they make the same amount of money they did 4-5 years ago but now their cost of living has gone up, food, utilities, gas, clothes, so they can’t make ends meet anymore just like everyone else so they need a raise.
So please step outside your ceo/company profits bubble and see the big picture

@DuraYuk may be argumentative, and I laughed when I saw the post saying here he is trying to start another argument.

However the part in bold has been going on long before the last 3-4 years. Every political party, administration, Congress, etc. has been guilty of this because there is no actual mechanism to prevent it.