UAW strike against Detroit automakers expands to more plants as negotiations continue

David Shepardson:

Sure.

I mean, this started out where the UAW was seeking a 40 percent pay raise over four years, a 32-hour workweek, a return of defined benefit pensions. So, by — on the other hand, the auto companies were offering somewhere around 14 to 15 percent pay hikes and were seeking some changes to work rules.

So, by all accounts, this deal, the one that was already on the table prior to whatever final deal gets reached, will be the most — the most lucrative ever for the unions, much better than what I think some analysts thought the union would get. But they're not getting some of the more transformative items, like a 32-hour workweek or a return of the defined benefit pension that they had sought and the union had given up about 15 years ago, when the industry was in real, real trouble.

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