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Union Workers Win Again As GM Settles UAW Strike With 25% Raise
GM matched Ford and settled the United Auto Workers strike by agreeing to a 25% raise for union workers.
Tagged gm
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Opinion: Greed versus Need: Coronavirus Only Magnifies Ongoing Struggle over American Morality Tale
The inspirational mantras we hear multiple times a day remind us repeatedly that “we’re all in this together” and “we’ll get through this together.” It’s such a powerful and commonplace expression these days, seemingly rolling off the tongues of every commentator, commercial spokesperson, and social media user, that one would almost think Hillary Clinton had,…
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Unstable Trump Invokes Defense Production Act To Force GM To Produce Ventilators
The White House announced that the increasingly desperate and unstable Trump is now forcing GM to produce ventilators.
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As Trump Attacks GM, His Big Ventilator Lie Falls Apart
Rep. Debbie Dingell (D-MI) said that the automakers want to help, but are getting no direct communication and management from Trump on producing medical equipment.
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Trump Lied To Justify Not Invoking Defense Production Act — GM, Ford Are Not Making Ventilators
Over the past week, President Donald Trump had claimed he was planning to invoke Defense Production Act powers that would allow his administration to compel private businesses to create products currently on short supply due to the coronavirus crisis. But Trump reneged on that promise, telling reporters over the weekend that it wasn’t necessary as…
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Opinion: American Lives Depend on Telling True Story of Trump’s Life-Destroying Economy
What is the story of the U.S. economy? Not unlike the proverbial elephant subject to scrutiny by a band of blind men, the nation’s economy is subject to multiple narrative descriptions depending on which component of the beast, whether our economy or an elephant, the blind man massages. Some media pundits have argued that the…
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Opinion: Trump May Try to Fool Voters with Another Mirage Middle-Class Tax Cut
Trump’s top economic advisor Larry Kudlow has hinted that another supposed middle-class tax cut may be in the works, a “Tax Cut 2.0” to be delivered—Surprise! Surprise!—in time for the 2020 election season, an bare naked ploy to try to convince average Americans he really cares about and their economic interests. As the saying goes,…
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As Wealth Tax Debate Heats Up, What Does it Mean to Invest in America?
Elizabeth Warren’s wealth tax proposal has certainly sparked debates not just about basic questions of fairness, of morality, but also about the economic effectiveness and very meaning of taxation. The debate raises the question of what it means to invest in America. Beto O’Rourke, in the last debate, jumped on the Warren-bashing bandwagon, accusing Warren’s…
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Union Bursts Into Laughter After Trump Suggested As Mediator Of GM Strike
A UAW spokesman laughed when asked if he thought Donald Trump would be a good mediator for the General Motors auto workers strike.
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What the U.S.’s Largest-Ever Monthly Budget Deficit Means for Americans in the Trump Economy
In short, Trump’s policies aren’t helping, and the prospects aren’t looking good.
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Experts Say GM Layoffs Are ‘Just the Start’ of Fallout From Trumponomics
When running for president, Donald Trump vowed that no American auto plants would close. “If I’m elected, you won’t lose one plant. You’ll have plants coming into this country,” he said at a campaign rally in Michigan in October of 2016. “You’re going to have jobs again, you won’t lose one plant. I promise you….