Our Gold Guy
No Result
View All Result
Monday, December 11, 2023
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
Our Gold Guy
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
No Result
View All Result
Our Gold Guy
No Result
View All Result
Home Business

Biden Wants More Unionization, But Do American Workers?

by Elizabeth Hanke
August 9, 2021
in Business
Biden Wants More Unionization, But Do American Workers_

As part of his “Build Back Better” agenda, President Joe Biden signed an executive order last week intended to boost auto manufacturing in the U.S. The order plans to inject $3 billion into the U.S. auto industry to ensure that one-in-two new cars sold in 2030 are zero-emission vehicles, and to “grow good-paying, union jobs at home.”

In reality, this order is a gift to union leaders at a time when more and more workers are turning away from union representation.


Many Americans are taking some of their money out of banks and “woke” retirement accounts and moving to physical precious metals. Contact Ira and he’ll show you how easy it is to move cash, investments, or retirement into PHYSICAL precious metals without the gimmicks or runaround.


Executives from Ford, General Motors, and Stellantis N.V., as well as the president of United Auto Workers, Ray Curry, were invited to the White House as Biden announced the new executive order.

Ironically, Tesla—who’s Model 3 is the top selling electric vehicle in the world—was not invited to the event. Tesla has production facilities in California, Nevada, New York, and Texas, and seems like the perfect company to attend. Coincidentally, Ford, General Motors, and Stellantis N.V. have unionized workers, while Tesla does not.

This should be the first hint to let you know that this executive order is about supporting unions under the guise of improving “fuel efficiency and emissions standards.”

Biden’s push to expand union membership among auto workers is expensive.

Our Gold Guy Biden Economy

U.S. automakers have been battling higher domestic labor costs from unionization for decades.

Although unionization has historically resulted in higher wages for auto workers, firms are faced with higher production costs, which are eventually passed down to consumers.

In 2020, the Center for Automotive Research estimated that automakers’ expenses will rise from $800 million to $1 billion by 2023. More specifically, hourly labor costs for unionized workers are expected to increase up to $66 to $71 for Fiat Chrysler, GM, and Ford.

Meanwhile, unionization is becoming increasingly unpopular among workers in the auto industry.

Protect your retirement with PHYSICAL BULLION. Gold and silver in a self-directed IRA or in your safe at home is quickly becoming the most popular way to defend Americans’ life’s savings. Contact Ira Bershatsky for real answers to your questions.

Michigan, traditionally the auto manufacturing hub of America, has in fact experienced a decline in unionization since the 1980s. Union membership rates continued to fall after 2013 when the state’s freedom-to-work laws came into effect.

From 2012 to 2020, total union membership rates fell in Michigan by more than 2 percentage points, with a more substantial decline among government workers.

Workers at Volkswagen’s assembly plant in Chattanooga, Tennessee voted against union representation in 2019, and Nissan workers also declined to unionize in Canton, Mississippi in 2017.

Just last year, the union membership rate among all U.S. wage and salary workers was 10.8%–a 9.3 percentage point drop since 1983 (but a 0.5 percentage point increase since 2019).

Americans are evidently not as receptive to unionization as they once were. Unions have outlived their usefulness in the current U.S. economy and are no longer needed to the extent they were decades ago.

Biden’s claim that “we need to grow good-paying, union jobs at home” is disconnected from the reality of the U.S. labor market. Better paying jobs can come from technology, higher productivity, and specialization. More unionization will only increase production costs, making consumers pay the price.

Image by www_slon_pics from Pixabay. Article cross-posted from Daily Signal.

Protect your retirement with PHYSICAL BULLION. Gold and silver in a self-directed IRA or in your safe at home is quickly becoming the most popular way to defend Americans’ life’s savings. Contact Ira Bershatsky for real answers to your questions.

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.

Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.

Fill out the form here and we will schedule a precious metals consultation with Our Gold Guy, Ira.

Schedule a Precious Metals Consultation Today:

Tags: Big LaborDaily SignalJobsJoe BidenTop StoryUnions
Petrodollar Endgame Moves Even Closer

Petrodollar Endgame Moves Even Closer

December 10, 2023
Bidenomics (1)

Small Business Owners Suggest Bidenomics Is Grinch That Stole Christmas Bonuses

December 10, 2023
CNN Poll: 67% Disapprove of Joe Biden’s Economy, Top 2024 Issue

CNN Poll: 67% Disapprove of Joe Biden’s Economy, Top 2024 Issue

December 10, 2023
Why Not Do Something Before Social Security Runs Out of Money?

Why Not Do Something Before Social Security Runs Out of Money?

December 10, 2023
LEGO Leaves San Francisco — Before Christmas — as Retail Flight Continues

LEGO Leaves San Francisco — Before Christmas — as Retail Flight Continues

December 10, 2023
Gold

Mario Innecco: Rising Gold Prices Spell Trouble for the Dollar and Other Fiat Currencies

December 10, 2023
Deflation

Grinding Down Into Deflation: The National Debt Disaster No One Is Talking About

December 8, 2023
Green Energy Subsidies

The Crippling Economic Costs of Green Energy Subsidies

December 8, 2023
Gold Central Banks

The Summer of Central Bank Gold Buying Extends Into the Fall

December 7, 2023
Silver

Silver Looks Like a Real Bargain Right Now

December 5, 2023

Recent News

Petrodollar Endgame Moves Even Closer

Petrodollar Endgame Moves Even Closer

December 10, 2023

Search

No Result
View All Result

Site Navigation

  • Home
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics

About Our Gold Guy

This site is dedicated to helping Americans learn more about the economy, business, and politics. Our nation is in turmoil on all three fronts. We want to make a difference.

© 2021 NOQ Report

No Result
View All Result
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us

© 2021 NOQ Report

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>