9.22.2023

Not exactly nickels and dimes

President Joe Biden said in a release that "building a clean energy economy can and should provide a win-win opportunity for auto companies and unionized workers who have anchored the American economy for decades." –Reuters

Batteries take fewer workers to build than engines and transmissions; industry analysts project that the EV transition could shave 30 percent off the auto sector’s labor force. –Washington Post

Hard on the heels of President Joe Biden’s goal to spur the sale of EVs in the United States, the Energy Department will provide $2 billion in grants and $10 billion in loans to support the conversion of US automaker and supplier facilities into manufacturing centers for hybrid and electric vehicles. –CNN Business

The UAW should propose that each CEO be paid $152,771, the highest base pay for GS-15 federal civil servants. This is what the CEOs should be considered, because their companies have become appendages of government, implementing its policies. –George Will

No comments: