Talk about a hilarious misfire.
Senator Bernie Sanders, who is well known for refusing to get a job until he was at least 40 years old, apparently deems himself to be an expert on labor policies.
And that self-proclaimed expertise was on full display when he waded into the ongoing United Auto Workers (UAW) strike.
During one of his numerous interviews, Sanders brayed on and on about corporate greed, displaying an astonishing lack of self-awareness.
“So what you’re seeing in the automobile industry, in my view, is what we’re seeing all over this economy, greed on the top, suffering on the part of the working class. And people are tired of it,” Sanders brayed.
Says the multimillionaire who never held a job in his life.
Businesspeople can certainly be greedy, but they do actually have to perform to gain money. Politicians like Sanders, on the other hand, can become multimillionaires through being completely corrupt and incompetent, simultaneously.
“People are overwhelmed. They got to take care of their kids. They got to worry about health care. They got to worry about housing. They’re worried,” Sanders added.
Yeah. Especially worried with an “America Last” government in power.
Then, Sanders proceeds to lecture companies on what they need to do and not do for workers, especially in light of the rise of artificial intelligence (AI).
And, despite hit rather non-existent economic expertise, Sanders argues that employers should reduce employee workdays from five days to four days per week, as AI will allegedly make systems more efficient.
“It seems to me that, if new technology is going to make us a more productive society, the benefits should go to the workers,” Sanders added, arguing in favor of a four-day work week due to “AI.”
Not exactly, Senator Sanders.
Apparently, the senator forgets that AI is also notorious for replacing jobs entirely, not augmenting them.
When multiple fast food workers began demanding an absurd amount per hour (probably $30 an hour somewhere like California), it was not surprising to see what several fast food restaurants did afterwards: invest even more heavily in automation.
And, of course, in states that pay fast food workers ridiculous wages, consumers pay ridiculous prices, given that companies will pass on price increases to the consumer.
So, in other words, Sanders is ridiculously advocating labor policies despite having no real experience with labor himself, and, on top of that, those policies are set to fail for three major reasons.
First, paying laborers far more will result in far higher prices to the consumer, as companies will pass on price increases to them.
Indeed, the higher prices in the grocery store are undoubtedly due to the higher fuel prices, yet another issue that can be traced back to the Biden regime.
Secondly, AI may very well replace workers, not assist them, which means that Sanders demands for higher pay, coupled with less work, may result in less work, period.
Of course, Sanders also ignores the biggest elephant in the room of all, or the third reason: Most of these auto makers are being forced to invest in electric vehicles (EVs), which has significantly elevated their operating costs.
For this reason, various financial articles have recommended against buying shares of legacy auto makers.
After all, legacy automakers have had to divert enormous resources to invest in brand new technology, most of which is being done due to absurd mandates, such as “no gas-powered cars in 2035,” courtesy of Governor Gruesome in California.
So, perhaps if the government didn’t force giant automakers to invest EVs, then workers could be paid additionally while keeping auto prices the same for consumers.
However, the government agenda, regardless of how impractical or paradoxical it is, must apparently always come first.
Author: Jane Jones