The big 3 made over $21 billion in profits in the first half of this year. This isn't about fighting over scraps, it's about fighting for a fair share of the wealth produced by workers.

That's gross profit, which doesn't mean cash.

The profit was about 4b which, okay let's give everyone in UAW a share of that and... Oh it's so small that it doesn't fix anything?

There's also exec comp, stock buybacks, dividends, etc.

The big 3 also had $354 billion in debt. Will workers pay that down too?

It's not scraps of a dying industry if every time you die you get tens of billions in bailout money. [1]

1: https://knowledge.wharton.upenn.edu/podcast/knowledge-at-wha...

This only furthers the point being made.

Why are we keeping them on life support?

> Why are we keeping them on life support?

A million auto industry workers is a lot of votes.

Because Amercains bitch about "We can't build anything anymore" otherwise? Because a ready and well-practiced, upskilled workforce is important to a country, in everything to thr economy to wartime preparedness? Because Americans will continue to demand cars, and it seems pertinant to allow at least a path or two for a secure, national brand?

This is a tech forum. What happens when networking equipment only comes from other nations (that won't subsidise their industry either)? We end up having Huawei as the economic choice. A brand known for having deep ties to a political party that America is increasingly likely to enter at least a cold war with.

You're asking why supporting home-grown is bad like the last 4 decades of offshoring wasn't destroying what remains of middle Americans.