in the us, the adult workers strike has expanded for the first time ever to the detroit thrate. the union and the automakers remain far apart on key economic issues, like pay, but the strikes not limited to just workers, in which the combined number workers on strike has hit a record. in this edition of of the spotlight we will look at why workers are unhappy in the us with their pay, and how loming government shut down, a partial or full one, may be a window into a much bigger.

economic from in the us, which points to a dire situation as opposed to the rosy announcements that's made by the us government on things like unemployment and inflation. first let me introduce our guests: black, professor of economics and law at the university of missouri, kansas city, joins us from blumington, minnesota, so joining us is daniel shaw academic and commentators from new york. welcome to you both, liam black, of i'll start with you, so you have uh the... union and the companies uh remaining far apart in terms of the autoworker strike on key economic issues, the ua president has said um that he's going to stick with that demand for 40% pays over four-year contract uh the companies however have offered pays of about 20%. that's the latest we have, what's your impression on it? yeah, the absolute latest is uh the uaw has gone down to around 36%. um, you know, negotiate, you make a of smaller. moves uh and uh take more time, by

the way, the actually there's a settlement uh with the canadian auto workers who are also part of the uaw, so the management it is, as you can see quite different in canada, what type of settlement did they reach with canada? so they reached a settlement more in the lines of 25 is percent to 30% increase and 5 to 30% increase okay uh that's over the period of several years right um let's look at one thing here daniel the perhaps many don't realize and this pretty much a flashback and that's going back to the year 2009 um i don't if you recall but gm was on the brink of laps the ua the uaw agreed to let the company hire new workers at that time but at about half the hourly wage that that prevailed and with um skimper retirement benefits and temp workers are even lower

rates from what we understand and outsour more jobs abroad, this is while the american tax payers for $10 billion dollars to save the company, so in a way they sacrifice themselves in order to get the company up and running um coming out of the uh the sorry state that it was due to the final crisis. um, do you think that the sacrifice that the workers have uh endure that they applied to themselves and dured all these years is uh being repaid back in a proper way by not? getting the pay increase that they're demanding and that's why they're still on strike, that's why the strike has expanded uh now to 25,000 workers, um, i think the contradictions are on full display, the ceos of these uh of the big three automobile industry giants, their yearly salaries of between 25 million and uh 50 million just for the ceos, so the... 25,000 auto workers, the

uaw. union is is asking, well, where is the money, why are you so stingy with us? you've seen that this has turned into um, the biggest stories in the country with biden and and and trump uh visiting the workers uh this week, we know we're gearing up for an election year uh uh next year, so it'll be interesting to see what happens. william black, are guess the talked about the ceo pay, looking at uh what? general motors ceo is making its 29 million, ford ceo, 21 million, and santa ceo, 25 million, so these are uh these are, i mean pretty high salaries, i'm guessing, especially when you take a look at the profits overall of the uh manufacturers themselves, where we're looking at $250 billion dollars, one to the stat, $1.7 million were made off of each and every one of the workers, why are they holding out so uh much then when it comes to the workers?

oh, because they get their bonus in part by precisely those things that you've just explained, so uh, it is really important and of very few americans understand, there is... this two tier system uh the companies insisted on and shamefully the federal government uh under uh presidents bush and obama agreed to of paying as you say new workers far and uh also giving them much worse uh pensions so uw has done two clever and appropriate things one is it said hey we think our increase should be that of the... ceos, after all our workers were responsible for the ceo's gains and the company's gains and second need to uh be getting rid of this two tier system uh because it penalizes in particular younger workers. all right uh one

the things that since we're on this topic of ceos um daniel shaw, i'm looking at at just a reaction in terms of strikes overall in the us, and like this at you came from hospitality worker. is on strike uh, she said uh, i think people all around the country here are just getting fed up with the corporations not sharing or including them into the profit or acknowledging our hard work that we put into the company. that seems to be sentiment that is echoed across uh variety of sectors, if all sectors. of course, this could be something that could happen all the time, but in this particular uh economic uh, i guess atmosphere in the us, that rings a bell. what are your? thoughts on that, i mean, why is it that uh, you know, we're looking at uh, the types of statements and viewpoints that we uh heard when you had the uh, zikoti park demonstrations that were happening back then, in terms of you, the 99% versus the 1%, because every day the class

contradictions are sharper across us society, and these workers are class conscious workers, they know that gm and and for depend on them and in their labor and their back pain and their blood sweat and tears and the sacrifices that they make every day, if we listen to uaw president sean fayne, yeah he almost has a bernie sanders esk uh tone to him, when he describes the billionaire class, the elon musks and the bill gates and how these individuals live when the vast majority of us, the workers who keep this country running uh depend on monthly check to see can pay our mortgage and get enough groceries and settle our uh medical bills, so when sean fain quotes the bible saying that it's easier for camel to enter into through the eye of needle than rich person uh like these co's to enter into the kingdom of god, i think that

uh rhetoric that anti-capitalist rhetoric speaks for millions and millions of workers across the country. in terms of wage increases um... it's it's pretty incredible uh william black when you take a look at the uh difference when it comes to the 1% versus the bottom 90% between 1979 and 2022 what i figured here through variety of resources adjustted annual wages of the top 1% rose by 145% and then for the bottom uh rose by only 16% why such disparity? okay so the disparity is actually massively greater. and that number indicates, because it isn't so much the top 1%, it's literally the top 1,0th of 1%. there the the gains are in the thousand percent range, however, the united states and

what biden of course is calling biden nomics, turning around and insult into benefit um, or as we - economic ranks would call... the economy hot um has actually reversed for a time uh these slightly some of these long-term trends in other words real wages uh despite innovation uh have actually started growing and by we the united states had record low unemployment and record low unemployment of minorities in particular and that's why you see biden actually uh meeting, so it's the first president of the united states ever to join a pick in support uh of a union, and the political dynamics are such that trump therefore stay fake, one where he pretended to meet with auto workers, unized

auto workers, in fact it was a scab plant, working to uh try to break the strike, so there actually have been some... meaningful gains and uaw is trying to translate uh these gains into uh wages that are actually very strongly middle class uh type weight. i can tell you, i grew up in dearborna worked for ford motor company, my step dad worked for ford motor company, my grandfather worked for ford motor com and and such, so yes, the the bottom 10% of the united states in terrible shape, and again this gets political, we took reduced. child poverty in half? now now first, if you have a policy, why not in child

poverty? why cut it in half, but hey, the republicans insisted on getting rid of that, and we see in the new numbers that the the child poverty rate has gone up very substantially, so this is intensely political and contested and it's very unclear which way the elections are go in the united states on these issues, exactly. you touched a number of issues that are really important there, first of all uh inflation is very important and uh you talked about title poverty and i like uh discuss that in a wider scale and poverty in general, but daniel shaw first let's talk this inflation that us uh pins the number at around 3% from what i understand um workers pay in 5%, but when you take a look at inflation, you're in new york daniel, maybe you can tell us uh when you take it look at some of the categories, for example it's very shocking uh to hear that uh in 2022. price of eggs in terms of the inflation was uh had increased 19% uh oil fts 9% and

then you had uh things like um in 2022 uh food at school 305% and the eggs were 59%. mean what is the deal there what are we looking at? mean you can't just say inflation three uh what are they what did i say they're saying uh 3% i believe is what i said but really it's not that is it mean i'm sure when you go buy a pack of cigaret when you go buy butter or margin, it's not just a 3% increase right? so i'm trying to if you see where i'm going with this, what is the deal there in terms of that versus the wages that average americans are earning? yeah uh based on uh your assessment of what's going on here in new york city one would think that you here for the past you know for five decades because you describe all too accurately uh we hear all these fan numbers in in in the mainstream media but when we go... to the grocery store when we go to the pump, if we take our families out for dinner, we feel that pinch more than ever, and we know that

the united states specializes in what's called atrocity propaganda against their political enemies such as um russia, or or venezuela or or nicaragua, but i wish that the professor there in the midwest could give tour of what cleveland in detroit, in chicago in the midwest, looks like after decades and decades. of social uh abandonment, this was the thriving industrial uh sector of our job and i think our audience would find it unreal to see the images from gary, indiana or flint, michigan and to see the complete social neglect uh than an entire generation of children or two generations now have suffered from all right uh william black i'm going to uh ask you the same question because uh really curious as to what's going on when it comes to inflation versus pay what is it like there um in bloomington minnesota where you're at, what does it look like, does it look like to you that is that it's around the 5% mark? yeah, i don't think you're going to

like my answer, um, actually uh, inflation uh almost certainly is overstated, and that's something that even conservative economists, who, and by the way, the politics in the united states is that it's the democrats who want emphasize inflation isn't that big a problem, and it's republicans who want to... emphasize uh that it's a you know the biggest problem uh ever and economis of course are overwhelmingly in the conservative uh camp um but uh i can go through the technical reason but it's probably boring um even conservative economists think that inflation overstated by about one and a half two percent and the us has the lowest inflation rate of any major industrialized nation with a you know sort of capitalistish type uh economy. so the pressure in the united states politically is

emphasize inflation and say therefore we shouldn't have social programs for the poor, so i i'm often pushing in the opposite direction of where you you may think i'm uh coming from and uh saying no, we need to be emphasizing poverty and you know my counter part is absolutely right, i was born in detroit um and i've taught from... years in missouri, and st. louis, and detroit are two the the huge cities that, but used to be a... among the five, depending on the time period, among the five largest cities in the united states or the sixth largest cities in the united states, and now they are catastrophically in terrible condition, for example, the uaw at peak had about 1.5

million members, it now has 400,000 active members, but his response... still for negotiating on behalf of retirees whose benefits uaw still you know pushes for number about 6000 but you can see that decline from roughly 1.5 million to roughly 4000 and that's actually a uaw number so that actually includes employment in canada which is quite substantial in the auto industry uh and puerto rico which is kind of the united states a little technical and and in mexico. all right, well, i'm glad you mentioned the points that you made about inflation because we're just trying to figure it out really. i mean, daniel shaw, our guests there says that it's not as bad as as it, that's as bad as some may make it, but uh, so what, what about the workers that are striking? i mean, it's not just the other workers, i'm looking to a list of some of the industies and some of the

companies, i mean, you had the screen riders, which appears that they reached some kind of agreement, you had starbucks. amazon workers, you have frontline workers, whether it's nurses, hotel staff and pilots, you have the ups, which they reached an agreement they hadn't, that would have been the biggest strike in us history, or i say the largest strike in us history, so and and the news um reads that uh, you know, it's strike season that the us a strikes have made a comeback, i mean, so why are they out striking, is it not because of inflation obviously, but because their pay, that usually what it's all about, so how do you explain that? yeah, tomorrow will be the uh first day of strike october, it seems october is gearing up to be a month of uh strikes, i think uh professor black's macro economic analysis is um informative at the same time if we take a step back in terms of unemployment, you know, the new york times will report this, the presidency will report that in the department of labor, but when we

go into our communities, the reality is even harsher on the ground because how many... workers, how many families have actually given up, they're no longer counted um in the actual statistics, so unemployment is often so much higher when you go through a press communities, the black community that often those numbers are um under reported, in terms of um the strikes, i think so many workers are again uh wing up to the reality of what these mass uh the automobile starbucks, we saw the the vast uh strike campaigns and in the fights of $15 over the course of the past uh uh decade or or so and workers are demanding more because the economic reality is biting and they can't survive on what survived on the decades past sure i have

squeeze in uh this question because uh if i don't uh then my buster is going to get really mad at me and it's about the it's about the government shut down. we're trying to figure out what's going on there and the last that we heard is uh that well what is the last you heard william black? i'm sure you can give us better idea. i mean we looking at uh mckarthy doing his job or is he going to be out of a job if that thing with ukraine doesn't go through? well it's going to be out of a job but in a broader sense he's been out of the job in other words he's never had the powers of a true speaker uh the speaker of the house is the answer to uh a trick question in the united states uh what's the most powerful second most powerful. elected official in america, it's not the vice president, it's the speaker of the house, unless you're mccarty, in which case you're about the 20th most powerful person on your very best day and he doesn't have many good days, so this is very bad for the economy potentially, but worse it's very bad for precisely the folks that we have both been emphasizing, the folks who are you know

not uh succeeding in america uh who are in very bad condition, the government safety net is absolutely essential, and uh, again to get politics are important, the republican party actively want to increase unemployment and poverty of inf and youth, it's just staggering. yeah, well let's end it on this food assistance, i'm going to give you a minute there, daniel, i have two pieces of stat to throw at you, one is the snap program where uh, shock to to read that it's 41.2 million people, 12 and a half percent of the total total us population. i think that's skewed on the high uh side, but even if you go and let's say put it at 35. million, that's still a lot of people that need assistance for food, and the other stat i want to throw you is how much the us actually generates in terms of revenue, which is around 6.3 trillion, but it is said that

almost half of that goes on what's called entitlement programs. now there's something really wrong if you have to spend that much on entitlement programs, not that i'm saying that's a bad thing for the ones that are getting it, and you have that many people who e food assistance. what's wrong with this picture? and that's why so many people are asking uh, every year we hear these rumors about government shutdowns and uh all out, but you never hear about their military aid to zelensky in kiev, that that money is never question, they just approved 21 billion dollars in additional funds for this proxy war in ukraine against russia and russia's geopolitical interests, which means the total amount spended now is is. in excess of $200 billion dollars and that's the argument that we're making that that $200 billion dollars needs to be invested in snap in different nutritional programs as well as uh education

and other infrastructure programs in our communities. all right, well good there. thank you so much, daniel shaw academic and commentator from new york, william black, thank you for your contribution, professor of economics and law university of missouri, kansas city, lumington minnesota. thank you, with that we come to an end for the edition the spotlight fromway and the team, it's goodbye. etkisiz hale getirilmiş canlı bomba salgaları

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دنیا از نظریت ایران کشور امنیه سیر در منطقه ما متأسفانه امروز امنیت حرف اول رو می زنم ما هدف اصلیم همه مردم دنیا آزادانه بدون سلطه اونها زندگی کنند as the berlin wall collapsed in 1989, so did the once great superpower of the soviet union, the communist party leader michael gorbachov ustured in new era of openness with the west. by 1991, peter was failing and along came the new russian states first president, this documentary tells the story of the eight years of yelson's leadership under russia's attempt to transition from communism to capitalism. it

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iran warns again that any geopolitical change in the caucases would destabilize the region and escalate the crisis. iran's special representative for afghanistan says the economic and security problems in afghanistan are a result of 20 years of us lead occupation. moscow has warned london the british. military instructors in ukraine would be legitimate targets for russian soldiers.