UAW and automakers should fight Washington, not each other. Both groups are suffering because Bidenomics caused inflation to rise and that's essentially a hidden tax.
FOX News White House correspondent Jacqui Heinrich has the latest on the union negotiations on 'Special Report.'inflationary fallout from Bidenomics
Striking United Auto Workers members picket outside the Stellantis Jeep plant, in Toledo, Ohio, on Sept. 19, 2023. The combination of falling real wages and a president who is unabashedly pro-Big Labor has emboldened unions like theFrom the auto manufacturers’ perspective, a 20% raise is more than generous, especially when manufacturers’ other costs have risen not only from inflation but also from the Biden administration’s"green" agenda increasing costs. Yet from the autoworkers’ perspective, most of that 20% raise is eaten away by the 17% inflation under Biden.
The reason for this sad state of affairs lies in the fact that inflation is a hidden tax. It is a way for the government to silently rob workers and businesses alike of their purchasing power. The trillions of dollars of excess government spending over the last three years are still being paid for today through this hidden tax.
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