Jared Bernstein Talks UAW Strike, FTC’s Amazon Lawsuit

Jared Bernstein, chair of the White House Council of Economic Advisers, discusses the UAW strike against GM, Ford Motor Co., and Stellantis NV, President Biden’s show of support for strikers and the FTC’s antitrust lawsuit against Amazon. He speaks on “Bloomberg: Balance of Power.”
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[dphuntsman]

Disappointed in the normally long-term thinking Jared Bernstein. It IS possible for both GM et al AND the UAW to be doing ‘wrong’ things for the long-term health of the American economy and American workers- and that’s what’s happening here. The top American cos making the most ‘made in America’ cars in the top ten are ALL NON-UAW Teslas; and those Teslas are much more innovative, and of higher quality, than what the UAW/GM builds- and the workers don’t get paid as much (but are hardly slaves; get stock options). UAW is a strongly anti-innovation organization- and Jared doesn’t address that.