this post was submitted on 14 Sep 2023
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[โ€“] zbyte64@lemmy.blahaj.zone 5 points 1 year ago* (last edited 1 year ago) (1 children)

Right now the UAW is going on strike for those higher wages. CEO of Ford says those wages will bankrupt them. Is he telling the truth?

[โ€“] Shyfer@ttrpg.network 4 points 1 year ago

Not to mention that the whole idea behind the Fed raising interest rates and "cooling off the economy" is to raise unemployment, lower employee bargaining power, and therefore keep wages low.