• Latest
  • Trending
  • All
  • News
  • Lifestyle
Why Obama’s “Car Czar” Thinks Biden Should Stay Out of the U.A.W. Strike thumbnail

Why Obama’s “Car Czar” Thinks Biden Should Stay Out of the U.A.W. Strike

October 6, 2023
A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears. thumbnail

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears.

July 8, 2025
Former Rams Assistant Gives Inside Look at Houston Texans Offense thumbnail

Former Rams Assistant Gives Inside Look at Houston Texans Offense

July 7, 2025
‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators thumbnail

‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators

July 7, 2025
Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use thumbnail

Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use

July 7, 2025
No one cares about Netflix original movies, and here’s the proof thumbnail

No one cares about Netflix original movies, and here’s the proof

July 6, 2025
Boston-based effort reminds Black people of rights when confronted by law enforcement thumbnail

Boston-based effort reminds Black people of rights when confronted by law enforcement

July 6, 2025
The lie Republicans will use to sell punishing megabill cuts to MAGA voters thumbnail

The lie Republicans will use to sell punishing megabill cuts to MAGA voters

July 4, 2025
What we know so far about Idaho ambush suspect Wess Roley thumbnail

What we know so far about Idaho ambush suspect Wess Roley

July 2, 2025
Musk proposes a new political party; Trump suggests DOGE ‘might have to go back and eat Elon’ thumbnail

Musk proposes a new political party; Trump suggests DOGE ‘might have to go back and eat Elon’

July 2, 2025
Trump news at a glance: president pushes Republicans to back big bill amid forecast losses to healthcare thumbnail

Trump news at a glance: president pushes Republicans to back big bill amid forecast losses to healthcare

July 1, 2025
GNCC Racing’s Josh Toth Races Southwick National 450 Motos, Drives 12 Hours then Wins Little Raccoon National Enduro thumbnail

GNCC Racing’s Josh Toth Races Southwick National 450 Motos, Drives 12 Hours then Wins Little Raccoon National Enduro

July 1, 2025
Senate barely approves procedural vote to open debate on spending bill thumbnail

Senate barely approves procedural vote to open debate on spending bill

June 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate
Wednesday, July 9, 2025
66 °f
Wellfleet
58 ° Tue
63 ° Wed
68 ° Thu
61 ° Fri
  • Login
  • Register
FREE Cape Cod News
DONATE
  • FREE Cape Cod News
  • Cape Cod News
  • News
    • News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
No Result
View All Result
Free Cape Cod News
No Result
View All Result
  • FREE Cape Cod News
  • Cape Cod News
  • News
  • Politics
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Photos
  • Videos
Home News

Why Obama’s “Car Czar” Thinks Biden Should Stay Out of the U.A.W. Strike

FREE Cape Cod News by FREE Cape Cod News
October 6, 2023
in News, Politics
Reading Time: 2 mins read
Donate
0
Why Obama’s “Car Czar” Thinks Biden Should Stay Out of the U.A.W. Strike thumbnail

Cape Cod News

632
SHARES
1.4k
VIEWS
Share on TwitterShare on Facebook

Last Tuesday, President Biden joined members of the United Auto Workers on a picket line in Belleville, Michigan, as part of the union’s strike against Detroit’s big three automakers: General Motors, Ford, and Stellantis, which owns Chrysler. Biden was the first American President to ever appear on a picket line, a signal that the Democratic Party, under his Administration, is increasingly willing to embrace labor unions, which in the past several years have reached their highest levels of popularity in more than half a century. (The next day, former President Donald Trump also travelled to Michigan, and gave a speech castigating the Biden Administration at a non-union manufacturing shop.)

Biden’s support for unions, especially compared with other recent Presidents, has not been met with universal approval within the Democratic Party. Steve Rattner, a former economics journalist and investor who became the “car czar” in the Obama Administration, criticized the move, telling NBC News, “For [Biden] to be going to a picket line is outrageous.” I recently spoke by phone with Rattner, who is currently the chairman and C.E.O. of Willett Advisors, LLC, which manages the personal and philanthropic assets of Michael Bloomberg. During our conversation, which has been edited for length and clarity, we discussed his worries about the strike, why C.E.O. pay has grown so rapidly, and his critique of the Biden Administration.

In a recent Times op-ed, you wrote, “I’m all for the auto workers getting paid more–they have legitimate concerns.” What do you see as their legitimate concerns?

The legitimate concerns are that the auto workers in general and the workers at the Detroit Three in particular have seen declines in their after-inflation wages in recent years as a combination of relatively modest nominal wage increases combined with high inflation.

Yes, you wrote, “When I headed President Barack Obama’s auto task force in 2009, we restructured General Motors and Chrysler (now Stellantis) and asked the U.A.W. to make significant sacrifices, including to their generous benefits

Read More

Tags: bidenpolitics

FREE Digital Newspaper Subscription!
Sign up for your free digital subscription. The FREE Cape Cod News

Unsubscribe
FREE Cape Cod News

FREE Cape Cod News

Free Cape Cod News is what's happening in the Cape Cod, U.S and World & what people are talking about right now. Local newspaper. Stay in the know. Subscribe to get notified about our latest news.

Related Posts

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears. thumbnail
News

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears.

by FREE Cape Cod News
July 8, 2025
Former Rams Assistant Gives Inside Look at Houston Texans Offense thumbnail
News

Former Rams Assistant Gives Inside Look at Houston Texans Offense

by FREE Cape Cod News
July 7, 2025
‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators thumbnail
News

‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators

by FREE Cape Cod News
July 7, 2025
Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use thumbnail
News

Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use

by FREE Cape Cod News
July 7, 2025
Load More
Please login to join discussion

Follow Us on Twitter

FREE Cape Cod News - Your source for local Cape Cod news, latest breaking U.S. and World news. Every day, all day. Subscribe for your favorite categories.

  • Trending
  • Comments
  • Latest
Great white shark exploding on bass a lesson for Cape Cod anglers thumbnail

Great white shark exploding on bass a lesson for Cape Cod anglers

July 25, 2024
Cape Cod Coastal Erosion. Truro, Massachusetts.

Unveiling Cape Cod’s Erosion Nightmare: The Battle for Coastal Survival

June 14, 2023
Former Rams Assistant Gives Inside Look at Houston Texans Offense thumbnail

Former Rams Assistant Gives Inside Look at Houston Texans Offense

July 7, 2025
Former Rams Assistant Gives Inside Look at Houston Texans Offense thumbnail

Former Rams Assistant Gives Inside Look at Houston Texans Offense

0
A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears. thumbnail

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears.

0
Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use thumbnail

Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use

0
A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears. thumbnail

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears.

July 8, 2025
Former Rams Assistant Gives Inside Look at Houston Texans Offense thumbnail

Former Rams Assistant Gives Inside Look at Houston Texans Offense

July 7, 2025
‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators thumbnail

‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators

July 7, 2025

FREE Cape Cod News On Twitter

Today’s News

  • A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears. July 8, 2025
  • Former Rams Assistant Gives Inside Look at Houston Texans Offense July 7, 2025
  • ‘Alligator Alcatraz’ Detention Center Poses Serious Risks to Immigrants Beyond Just Alligators July 7, 2025
  • Oral Frostbite Injury Highlights Dangers of Recreational Nitrous Oxide Use July 7, 2025
  • No one cares about Netflix original movies, and here’s the proof July 6, 2025
FREE Cape Cod News

Copyright © 2024 Free Cape Cod News

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • FREE Cape Cod News
  • Cape Cod News
  • News
    • News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
  • Login
  • Sign Up

Copyright © 2024 Free Cape Cod News