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Jacob Watson
Fox Business
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Comments by "Jacob Watson" (@jacobwatson3781) on "Kevin O'Leary: UAW's workweek reduction push will 'bankrupt' industry" video.
Just remember, since 2013 auto companies profits have increased 92%. In last 4 years car prices have increased 30% and CEO pay has increased 40%. Also, union workers took a cut after financial crisis and haven't been reimbursed for that. This also doesn't take into account the millions and millions in stock buybacks. Only 5% of car prices are labor cost. The way Kevin and FOX ignores these facts is amazing. There are thousands of conservative union members who know what FOX and Kevin is selling is garbage. The problem in corporations are not able to spin this anymore saying increase in pay will hurt consumers, consumers have already been hurt by price gouging.
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