This is CBSI in the world. I'm John Bats with my colleague, Professor Richard Epstein,

a senior fellow at the Hoover Institution, teaches law at NYU University of Chicago.

The UAW strike now announced to expand on GM and Stellantis. Ford is exempted to a degree.

However, the union is presenting itself as a global representative of the working man,

the working man and woman, the working class against the plutocrats of Wall Street and the

banks. There is a new factor, however, that I don't remember coming up to this extent before,

EV's electric vehicles. It is a fact that electric vehicles do not need as large a workforce

to my knowledge as the fossil fuel-driven cars we've all understood for 120 years of the way

America becomes rich. However, the EV's are the ambition of the Biden administration and other

sovereignty around the world. EV's dominate in Germany for the future EV dominate in China for

the future, but there's some details here. Richard, a very good evening to you again. The UAW

notes that the EV's are entering into and the union workers are exiting from because they're not

as needed as they were under a fossil fuels, and the conversion of plants is continuing a pace

because of subsidies by the federal government and the state governments. What does the UAW want?

What is the compromise about EV's? Well, what they're trying to do is to put a finger in the

dyke in order to prevent this from happening. Well, whatever is Biden's commitment to labor,

when it comes to the question of how we think about carbon dioxide and global warming,

he is much more extensively involved in that fight than he is with respect to the labor fight.

And he seems to think, I believe that he's wrong, that if you give enough subsidies and get

enough technical advances, all of a sudden the EV's can become dominant and you will not need to

have all these fossil fuel guzzles of one kind or another. The point about this is that the EVs

are temperamental, they're difficult to charge, they're very heavy under certain circumstances.

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