UAW’s 20% Wage Hike Demands Just Coping With Bidenonomics (Gasoline Prices UP 70% Under Union Joe While Food CPI Up 20%) – Confounded Interest – Anthony B. Sanders

The Big Three auto companies and the UAW are suffering under Bidenomics (code for massive green energy payoffs to large donors). As I pointed out yesterday, the auto industry suffered a large decline of -7.60% in Q2 as a result of rising car prices (going electric is EXPENSIVE) and increasing consumer debt to cope with Bidenomics.

So when we consider the UAW’s demands of $20 an hour hike in pay, you have to consider that under “Union Joe” gasoline prices are up 70%, and food CPI is up 20%. So a 20% pay hike won’t even cover the cost of commuting and will just cover the increased food costs.

The shortened work week to 32 hours? How European of the the UAW.

But perhaps they will have the extra time to travel to Paris France to eat some beef au poivre at Le Bistrot Paul Bert.