Greedy Unions vs. Weak Auto Industry Leadership | Get ready for even more unaffordable Auto/Truck prices

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Offer to UAW includes 14.5% raises, inflation bonuses

'... Most union employees will get 14.5% and no lump sums, Juneteenth will be a paid corporate holiday, Most union employees will get inflation protection payments: $6,000 one-time inflation protection in first year of contract $4,500 inflation protection payments over final 3 years of the contract, Supplemental employees:Wage increase from starting rate of $15.78/hour to $20/hour (a $4.22/hour increase), Wage increase from starting rate of $15.78/hour to $20/hour (a $4.22/hour increase), In-progression employees:Accelerate progression timeline from eight years to six years, potentially reducing the time that employees can reach the max wage rate by 25%, ...'

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Tags: United Auto Workers (UAW),Destruction of America's retirees,Destruction of America's Working Class,Auto Price Inflation, Truck Price Inflation,Destruction of America,

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Mortgage rates reach highest level in over 20 years

'The average rate for a 30-year fixed mortgage is now at its highest level in over 20 years, Freddie Mac reported Thursday. ...High inflation has driven the Federal Reserve to raise its benchmark interest rate 11 times since March 2022. Its fed funds rate has hit the highest level in 22 years. ...'

Reference: www.fox10phoenix.com
Tags: Bidenomis vs. Mortgage Rates,Destruction of America's Working Class,Mortgage Affordability Declines Under Democrat Party Rule,

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It’s Year 5 of the Biden Crime Family Coverup

'...scandal is that often the coverup is worse than the crime. But that is not the case in the unraveling Bidengate scandal. The alleged crime here is so bad that it is probably the worst ever committed by an American president. ...Yet the coverup should be studied, too. It deserves superlatives for its longevity, inventiveness, and sheer audacity. The strategy has been simple: deny, deflect, destroy. Deny the facts. Deflect with distractions, and when all else fails, work tirelessly to destroy Trump, who was among the first to raise questions about the Biden family’s shady dealings. At Year 5, it may be the most successful coverup in modern history, especially since so many of the facts have been in plain sight for the entire time.'

Reference: www.realclearpolitics.com
Tags: Coverup of Biden Crime Family, Biden Legacy,Destruction of the Rule of Law,Destruction of America,Destruction of America's Working Class,Biden Legacy,Weaponization of DOJ,

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January CPI preview: Inflation likely rose 0.5% in 2023's first month

'Inflation is projected to have risen in the first month of the year, defying optimism from investors and officials over a steady move lower seen in recent readings. While the monthly CPI figure likely rose in January, the annual headline number is projected to come down to 6.2% from 6.5% the prior month, according to consensus estimates compiled by Bloomberg. The Bureau of Labor Statistics' January Consumer Price Index (CPI) is scheduled for release at 8:30 a.m. ET on Tuesday. ...'

Reference: yahoo.com
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BIDEN ADMIN ALTERS CPI Weight Update Starting With January 2023: Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.

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Voters are correct: Biden is to blame for inflation

'...Inflation is soaring, and voters blame President Biden. A Morning Consult poll in late October showed 62 percent of registered voters believe Biden’s policies are to blame for rising prices on everything from turkeys to gasoline to apartment rents. Guess what? They should. ...'

Reference: thehill.com
Tags: Destruction of America's Working Class,Destruction of America's retirees, Biden Legacy, Harris Legacy, Democrats Running America (the Result),

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Seven reasons to worry about the American middle class

'...Middle-class incomes are stagnant Despite gains in national income over the past half-century, American households in the middle of the distribution have experienced very little income growth in recent decades...'

Reference: www.brookings.edu
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White House Revives Retirement Cuts in 2020 Budget Proposal

'...do away with the FERS supplement for workers forced to retire before age 62, when Social Security kicks in. The Trump administration also proposed reducing payments to retirees by basing annuities on the average of workers’ highest five years of salary...'

Reference: www.govexec.com
Tags: Destruction of America's Working Class, The destruction of FERS benefits, FERS, TSP, G Fund, FERS supplement, Special Retirement Supplement (SRS), Employers with High Rates of Employed Military Veterans Being Attacked,

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GOP gives millions to the rich, shortchanges federal employees

'...In a letter to Congress, Trump — who never tires of telling us the economy is the best ever — argues that the freeze is justified by "serious economic conditions affecting the general welfare." Moreover, he would have us believe that we "must maintain efforts to put our Nation on a fiscally sustainable course, and Federal agency budgets cannot sustain such increases." Perhaps if those efforts didn't give him, his children and his cronies enormous tax breaks, there would be enough to pay these people a raise that does not even keep up with inflation...'

Reference: www.reflector.com
Tags: 2019 Federal Pay Raise,

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OPM Reviewing Pay, Leave, Performance Policies

'...further recommended combining sick leave and annual leave into one category to be called paid time off...'

Reference: www.fedweek.com
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Harvard Poll: Tthe American Dream is Dead for Them

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Nearly Half of Young Americans Believe the American Dream is Dead for Them

'...When November IOP polling asked 18- to 29- year-olds if the “American Dream is alive or dead” for them personally, respondents were nearly evenly split (49%: “alive;” 48%: “dead”). While no significant difference was found based on race or ethnicity (whites – 49% said “alive;” African-Americans – 44% said “alive;” Hispanics – 52% said “alive”), respondents’ level of education did play a role. Nearly six-in-ten (58%) college graduates said the American Dream was alive for them personally, compared to only 42% of those not in college/never enrolled in college saying the same. Additionally, a significant majority of both Donald Trump and Bernie Sanders supporters said they believed the American dream was “dead” (Trump voters – 61%: American Dream “dead,” 39%: “alive;” Sanders voters – 56%: American Dream “dead,” 44%: “alive”)...'

Reference: iop.harvard.edu
Tags: Obama Legacy, The American Dream, Destruction of America's Working Class,

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Hillary has no need to worry, the current administration wants her to be President

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State Dept. inspector general report sharply criticizes Clinton’s email practices

'...The report says Clinton, who is the Democratic presidential front-runner, should have printed and saved her emails during her four years in office...'

Reference: www.washingtonpost.com
Tags: The Clintons, Hillary, Destruction of America's Working Class,

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Scott Walker wants to rape blue collar workers by stealing labor rights

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Scott Walker's 'draconian' labor plan to call for ending federal workers' unions

'...“Mr Walker could only be making these type of proposals to satisfy his most backward-looking, wealthy contributors,” he said, “just as he pursued, as governor, policies advanced by these people that sought to destroy school teachers and other public employees’ rights in Wisconsin.”...'

Reference: www.theguardian.com
Tags:Scott Walker

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