UAW Threatens to Expand Strikes Again

The transcript discusses the ongoing strike by the big three US car makers: GM, Ford, and Stellantis. The union's strategy is to remain flexible and escalate actions if no progress is made in contract talks. The union demands include a significant wage increase and a return to pension plans, which are challenging for automakers to meet. The strike has broader implications, affecting not only the auto industry but also reflecting concerns about retirement security in a high-inflation environment.

What is the union's strategy regarding the ongoing strikes?

How does the current strike differ from previous strikes?

What are the main demands of the UAW from the automakers?

What impact could reinstating pension plans have on GM's financial liability?

What concerns do UAW union members have regarding retirement?