#UAW: Overconfidence and lbig abor. Richard Epstein, Hoover
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 26 September 2023
⏱️ 12 minutes
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Summary
#UAW: Overconfidence and lbig abor. Richard Epstein, Hoover
https://www.hoover.org/research/uaw-gets-too-tough
1941 Detroit
Transcript
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| 0:57.2 | For General Motors and Stellantis, according to the president of the UAW Sean Fane, |
| 1:02.8 | the union will not initiate additional strikes at Ford Motor, |
| 1:08.3 | as the company has proven its, quote, |
| 1:10.7 | serious about reaching a deal, said Mr. Fane in a Facebook Live comment in these last hours. |
| 1:17.7 | A welcome Professor Richard Epstein, a senior fellow at the Hoover Institution, |
| 1:21.2 | teaches law, the University of Chicago and NYU, who's writing a defining ideas about the UAW's |
| 1:28.9 | approach to this contest, a labour contest, in the recovery from a pandemic, in a slowdown |
| 1:35.3 | of the United States economy in high interest rates, and with the always unknowns of the green |
| 1:42.5 | initiative by the Biden administration and other sovereign states, meeting the expectations of |
| 1:50.4 | the public, but at the same time the expectations of auto workers worldwide. |
| 1:55.6 | Richard, a very good evening to you. The UAW continues on strikes, but right now it is being |
| 2:01.1 | presented as tactically striking. Does this policy impress you? What Sean Fane is up to? |
| 2:07.5 | Good evening to you Richard. Yes, it does impress me as an effort. I don't know if the ultimate |
| 2:12.4 | means successful, but this is basically what the argument is. He has a strike fund which may sound |
| 2:19.1 | ample at about $825 million, but in fact if you have 150,000 workers out on strike, |
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