Autoworkers Shouldn’t Expect to Have Jobs When Americans Can’t Buy Cars
The UAW should be going on strike against Biden, not Ford and GM.
Biden spent 12 minutes on the UAW picket line. “You guys, the UAW, you saved the automobile industry back in 2008 and before,” he told the striking automotive workers.
“Wall Street didn’t build the country. The middle class built the country.”
“If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him.” James 1:5
And then he flew off to San Francisco for a fundraiser at Atherton, California, the most expensive area in the Bay Area, for a fundraiser at the $33 million home of Mark Heising: a Democrat megadonor who is also the Chair of the Environmental Defense Fund. Heising’s Medley Partners manages funds for his father-in-law and Renaissance Technologies founder Jim Simmons who has been described as “the greatest modern day moneymaker on Wall Street.”. So much for the pretense of choosing the “middle class” over Wall Street.
Biden may spend 12 minutes and speak for 87 seconds at the UAW picket line, but he spent hours raising money in the Bay Area which is the force destroying the automobile industry. In Michigan, Biden pays tribute to the middle class, but elsewhere, he bows to Wall Street.
The UAW didn’t save the American automobile industry in 2008, it helped nationalize it. And the Obama and Biden administrations used that leverage over the automobile industry to promote the Silicon Valley and environmentalist agenda of eliminating cars and replacing them with EVs.
Electric vehicles mark the death knell of the middle class. For Wall Street, EV companies like Tesla, funded by government fines on ordinary car manufacturers and buyers, offer the promise of getting in on the ground floor of a booming stock. Tesla has been followed by a series of other tech EV firms like Rivian (heavily backed by George Soros) that are not financially viable. Rivian, at one point, was spending $220,000 to make cars that it sold for $81,000.
But environmentalists are in love with EVs because they will end mass ownership of automobiles. The Biden administration, following the lead of Democrat states, is moving to end most sales of real cars by the 2030s. By 2032, 67% of cars are meant to be electric. And since 53% of Americans can’t afford EVs, that means most of the country won’t be able to own cars.
That’s bad news for automobile owners, it’s also bad news for automobile workers.
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