Lessee:
- Executives voted themselves a 40% raise and they already make beaucoup money.
- Executices offered workers a 20% raise. No one ever offered me a 20% raise in my life. They turned it down. Big mistake.
A better solution might have been a 20% raise for ALL across the board. Either way, Execs getting a 40% raise, workers turning down 20% for even more means only ONE THING:
A wholesale net further increase in automobile costs for the consumer which are already too high which can only lead to an eventual marked drop in new car sales.
Average car price now is already an insane $50,000.
The UAW and car industry is putting themselves right out of business a la Biden.