Economy

Bernie Sanders praises UAW workers striking against ‘corporate greed,’ endorses 4-day workweek

Sen. Bernie Sanders, I-Vt., praised automobile workers who are striking against their corporate employers on Sunday, saying the workers are suffering from ‘corporate greed.’

Sanders made the statement during a Sunday morning appearance on CNN’s ‘State of the Union’ with host Jake Tapper. The United Auto Workers (UAW) strike against the ‘Big 3’ automakers – Ford, GM and Stellantis – reached its third day on Sunday.

‘Sen. Sanders, Vice President Pence was on the show earlier. He said, when I asked him about the fact that the CEOs make multiples more than their average workers, 362 times more in the case of Ford – I said, do you think that’s fair? He said CEO pay is up to free enterprise. It’s up to shareholders, not the government,’ Tapper said. ‘What’s your response?’

‘I strongly disagree,’ Sanders began. ‘The American people are sick and tired, in my view, Jake – and I have been all over this country – they are sick and tired of corporate greed, in which the very richest people are becoming richer. The head of General Motors now makes $29 million a year, and yet, if you go – if you’re a new worker in the Big Three, you make less than $17 an hour.’

‘So what you’re seeing in the automobile industry, in my view, is what we’re seeing all over this economy, greed on the top, suffering on the part of the working class. And people are tired of it,’ he continued.

Sanders went on to support UAW’s push for a four-day workweek, arguing that the introduction of artificial intelligence will soon boost the productivity of individual workers.

‘I happen to believe that, as a nation, we should begin a serious discussion – and the UAW is doing that – about substantially lowering the workweek. People in America are stressed out for a dozen different reasons,’ Sanders said. ‘And that’s one of the reasons why life expectancy in our country is actually in decline. People are overwhelmed. They got to take care of their kids. They got to worry about health care. They got to worry about housing. They’re worried.’

‘It seems to me that, if new technology is going to make us a more productive society, the benefits should go to the workers,’ he said.

Sanders joined UAW members on the picket line in Detroit on Friday. In addition to shorter workweeks, the union is demanding higher wages and better retirement benefits.

This post appeared first on FOX NEWS

You May Also Like

Investing

Overview Steppe Gold (TSX:STGO) is a precious metals development company and gold and silver producer in Mongolia. The company owns the Altan Tsaagan Ovoo...

Latest News

Rescuers are searching through rubble and trying to reach isolated communities after a devastating earthquake struck Morocco, killing thousands and leaving more injured or...

Stock

LIVE OAK, Fla. — President Biden traveled to Florida on Saturday to survey the damage caused by Hurricane Idalia, part of a storm response...

Investing

Investor Insight EMU NL is an Australia-focused base and precious metals exploration company offering a compelling opportunity in the highly lucrative copper space. A...

Disclaimer: Smartmerchantknow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 smartmerchantknow.com

Exit mobile version