{"id":1275330,"date":"2023-09-15T19:50:59","date_gmt":"2023-09-15T18:50:59","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/remarks-by-president-biden-on-contract-negotiations-between-the-the-white-house\/"},"modified":"2023-09-15T19:50:59","modified_gmt":"2023-09-15T18:50:59","slug":"remarks-by-president-biden-on-contract-negotiations-between-the-the-white-house","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/remarks-by-president-biden-on-contract-negotiations-between-the-the-white-house\/","title":{"rendered":"Remarks by President Biden on Contract Negotiations Between the &#8230; &#8211; The White House"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"has-text-align-center\">Roosevelt Room<\/p>\n<p>12:14 P.M. EDT<\/p>\n<p>THE PRESIDENT:\u00a0 Hey, folks.\u00a0 I\u2019ll be very brief.\u00a0 I wanted to talk very briefly about the auto strike.<\/p>\n<p>I\u2019d like to say a few words about the contract negotiations between the United Auto Workers and the Big 3 auto companies.<\/p>\n<p>You know, I\u2019ve been in touch with both parties over \u2014 since this began over the last few weeks.\u00a0 And over the last \u2014 the past decade, auto companies have seen record profits, including the last few years, because of the extraordinary skill and sacrifices of the UAW workers.\u00a0 But those record profits have not been shared fairly, in my view, with those workers.\u00a0<\/p>\n<p>Just as the Treasury Department has released a report, pointing out that \u2014 the most comprehensive report ever, dealing with how unions are good for both union workers and non-union workers t- \u2014 and the overall economy.\u00a0<\/p>\n<p>Unions raise workers\u2019 wages, they said \u2014 incomes \u2014 increase homeownership; increase retirement savings; increase access to critical benefits, like sick leave and childcare; and reduce inequality \u2014 all of which strengthen our economy for all workers.\u00a0\u00a0<\/p>\n<p>That\u2019s because unions \u2014 unions raise standards across their workplaces and entire industries, pushing up wages and strengthening benefits for everyone.\u00a0<\/p>\n<p>And that\u2019s why strong unions are critical to growing the economy and growing it from the middle out, the bottom up, not the top down.\u00a0<\/p>\n<p>That\u2019s especially true as we transition to a clean energy future, which we\u2019re in the process of doing.\u00a0 I believe that transition should be fair and a win-win \u2014 (clears throat) \u2014 excuse me \u2014 (clears throat) \u2014 for auto workers and auto companies.<\/p>\n<p>But I also believe the contract agreement must lead to a vibrant, made-in-America future that promotes good, strong middle-class jobs that workers can raise a family on \u2014 where the UAW remains at the heart of our economy and where the Big 3 companies continue to lead in innovation, excellence, quality, and leadership.<\/p>\n<p>Last night, after negotiations broke down, the UAW announced a targeted strike at a few Big 3 auto plants.<\/p>\n<p>Let\u2019s be clear: No one wants a strike.\u00a0 Say it again: No one wants a strike.\u00a0 But I respect workers\u2019 right to use their options under the collective bargaining system.\u00a0 And I understand the workers\u2019 frustration.\u00a0<\/p>\n<p>Over generations, auto workers sacrificed so much to keep the industry alive and strong, especially through the economic crisis and the pandemic.\u00a0 Workers deserve a fair share of the benefits they helped create for an enterprise.\u00a0<\/p>\n<p>I do appreciate that the parties have been working around the clock.\u00a0 I\u2019ve \u2014 and when I first called them at the very first day of the negotiation, I said, \u201cPlease stay at the table as long as you can to try to work this out.\u201d\u00a0 And the \u2014 they\u2019ve been around the clock, and the companies have made some significant offers.\u00a0<\/p>\n<p>But I believe they should go further to ensure record corporate profits mean record contracts for the UAW.\u00a0<\/p>\n<p>I\u2019m going to say that again: Record corporate profits \u2014 which they have \u2014 should be shared by record contracts for the UAW.\u00a0<\/p>\n<p>And just as we\u2019re building an economy of the future, we need labor agreements for the future.\u00a0<\/p>\n<p>It\u2019s my hope that the parties can return to the negotiation table to forge a win-win agreement.\u00a0<\/p>\n<p>To continue our active engagement, I\u2019m dis- \u2014 I\u2019m deployi- \u2014 I\u2019m dispatching two members of my team to Detroit, Acting Labor Secretary Julie <s>Shu<\/s> [Su] and White House Senior Advisor Gene Sperling \u2014 both of them have been involved up until now \u2014 to offer their full support for the parties in reaching a contract.\u00a0<\/p>\n<p>The bottom line is that auto workers helped create America\u2019s middle class.\u00a0 They deserve a contract that sustains them and the middle class.\u00a0<\/p>\n<p>So, thank you very much.\u00a0 That\u2019s all I\u2019m going to say.\u00a0 Thank you.\u00a0<\/p>\n<p>12:18 P.M. EDT<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2023\/09\/15\/remarks-by-president-biden-on-contract-negotiations-between-the-united-auto-workers-and-the-big-3-auto-companies\/\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roosevelt Room 12:14 P.M. EDT THE PRESIDENT:\u00a0 Hey, folks.\u00a0 I\u2019ll be very brief.\u00a0 I wanted to talk very briefly about the auto strike. I\u2019d like to say a few words about the contract negotiations between the United Auto Workers and the Big 3 auto companies. You know, I\u2019ve been in touch with both parties over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":935158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1275330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Remarks by President Biden on Contract Negotiations Between the ... - The White House - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2023\/09\/15\/remarks-by-president-biden-on-contract-negotiations-between-the-united-auto-workers-and-the-big-3-auto-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Remarks by President Biden on Contract Negotiations Between the ... - The White House - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"Roosevelt Room 12:14 P.M. EDT THE PRESIDENT:\u00a0 Hey, folks.\u00a0 I\u2019ll be very brief.\u00a0 I wanted to talk very briefly about the auto strike. I\u2019d like to say a few words about the contract negotiations between the United Auto Workers and the Big 3 auto companies. 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