What’s Happening:

A major tenet of the Biden administration has been to advance “green” initiatives. Joe Biden has gone so far to secure green tech development, that he’s shut down oil and gas production in the United States. Biden has thrown billions in tax credits to companies that embrace green tech and alternative sources of energy.

These changes have resulted in major upheaval in various industries. In some corners of manufacturing, big shifts to green products have left many workers wondering about the future. This has put a major wrinkle in recent contract negotiations, particularly for a large, long-time Democrat union. Now, the unthinkable has happened.

From Breitbart:

The United Auto Workers (UAW) union will go on strike against all of Detroit’s big three automakers at the same time for the first time in the union’s history, after General Motors, Ford, and Stellantis failed to reach a labor agreement with the union before their contracts expired Thursday night…

President Joe Biden’s green agenda is a major concern for autoworkers whose jobs are being eliminated by Biden’s rapid push for a transition to electric vehicles (EVs), which require less workers to produce than gas-powered vehicles.

The United Auto Workers union’s contract with the three big car makers expired this week. Negotiations failed to produce a new contract. And now, about 150,000 auto workers are going on strike. They will reportedly be picketing several factories in Missouri, Ohio, and Michigan.

Critics have pointed to Biden’s push for car makers to invest in electric vehicles. EVs require fewer workers to produce. This has put the union in a dangerous position, as car companies will be looking to cut staff. Meanwhile, the companies have received tax credits from Biden for making EVs. Meaning, the workers could lose their jobs while the companies get richer.

Others have suggested the rampant inflation triggered by Biden’s economic policy has also hit auto workers hard. The continually rising inflation of the last three years has impacted nearly every American worker. Some economists have described it as a pay decrease, given the sharp rise in costs not being met by rising salaries.

The UAW undoubtedly wants higher salaries for its workers, something car markers are apparently not willing to provide. This comes as Hollywood writers and other workers continue their strike against producers. Economists worry about the impact these strikes will have on the American economy.

It will certainly undermine the administration’s claims that Bidenomics is working.

Key Takeaways:

• The auto workers union has gone on strike against the big three car companies.
• A strike was looming after the union could not land a new work contract.
• Critics have blamed Biden’s EV push as well as rising inflation for the crisis.

Source: Breitbart