Relevant and even prescient commentary on news, politics and the economy.

Falling Auto Worker Wages and Increasing CEO Pay . . .

UAW-automakers negotiations pit falling wages against skyrocketing CEO pay: U.S. auto companies have the means to invest in EVs, pay workers a fair share, and still earn healthy profits | Economic Policy Institute, epi.org, Adam S. Hersh. Yet they are not paying Labor it’s overdue fair share of wages. United Auto Workers (UAW) members at […]

Survey: Toyota, Honda, GM Supplier Working Relationships

A story . . . Supplier working relationships were always tough in automotive. A lot of politicking going there, lunches, dinners, etc. Kind of difficult to walk a straight line with them and maintain an ethical standard. Yet, I did and was known for doing what I said I would do. I worked for several […]

Auto and Light Truck Emission Rules are Still Problematic

“New Auto Emissions Rules Have a Loophole You Can Drive a Light-Duty Truck Through” (treehugger.com), Lloyd Alter, December 2021 ~~~~~~~~ President Biden and the U.S. Environmental Protection Agency (EPA) have revised the existing greenhouse gas emissions standards for passenger cars and light-duty trucks. Rolling back in four years the rollbacks the Trump administration implemented to change […]

Fourth Quarter GDP (2021) – Strongest Year in Decades

WSJ reports Stocks rose broadly Thursday morning after the GDP report, but they retreated later in the day, with the Nasdaq falling 1.4%, the S&P 500 dropping 0.54%, and the Dow Jones Industrial Average off 0.02%. Thursday’s report contained warning signs. Most of the growth owed to companies’ restocking rather than people and firms buying […]