Daily Caller Piece: The UAW Strike Could Be The Last Gasp Of A Dying Industry

[Note: This story is also published at The Daily Caller]

UAW President Sean Fain keeps telling reporters that he and his members are just trying to get their “fair share” of massive profits Detroit’s Big 3 Automakers have made in recent years, and that’s probably an accurate characterization as far as it goes. There is no denying Ford, GM and Stellantis have raked in billions in profits since their last big crisis in 2008-2009, when the government stepped in to bail out GM because it was too big to fail.

The unfortunate aspect of Fain’s backwards-looking approach to the union’s latest demands is that it fails to account for a very bleak future facing the U.S. automakers thanks to the policies being adopted by the Biden administration. The profit picture at Ford for 2023 paints the clearest illustration of where this industry has been and where it is being forced to go by the federal government.