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Are labor requests in the UAW strike connected to CEO pay?

United Auto Workers members walk the picket line at the Ford Michigan Assembly Plant in Wayne, Mich., Monday, Sept. 18, 2023. So far the strike is limited to about 13,000 workers at three factories — one each at GM, Ford and Stellantis. (AP Photo/Paul Sancya)
Paul Sancya
/
AP
United Auto Workers members walk the picket line at the Ford Michigan Assembly Plant.

Tom starts with a conversation about the UAW strike against the big three auto makers: General Motors, Ford and Stellantis.

At the heart of the argument between workers and upper management is the discrepancy between executive and worker compensation. Car makers have been highly profitable businesses since the government bailout during the Obama administration. But workers contend that those profits have been earned on their backs, while executive compensation has soared.

Joining Tom to discuss this is Paul Glastris, Editor in Chief of Washington Monthly.

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Host, Midday (M-F 12:00-1:00)
Teria is a Supervising Producer on Midday.