Green Energy Costs Automakers 2,450 Jobs

The Rich Zeoli Show

The Rich Zeoli Show- Hour 1:

3:05pm- Green Energy Costs Automakers 2,450 Jobs: The Wall Street Journal Editorial Board writes, “Stellantis is showing what the real green-energy transition looks like: On Friday the auto maker announced plans to lay off 2,450 workers in Michigan as it ramps up electric-vehicle production…Car makers are struggling to sell higher-priced cars as consumers pull back after three years of inflation. At the same time, the rich labor agreement that Stellantis, Ford and GM struck last autumn with the United Auto Workers is raising costs. The companies need healthy profits from gas-powered trucks to subsidize their money-losing EV production. Hence Stellantis’s scramble to slash costs. The company last month announced buyouts for salaried workers in the U.S. On Friday it said it will lay off as many as 2,450 production workers in Warren, Mich., where it produces its classic Ram 1500 pickup, as it rolls out a new electric model. Workers can send a thank you card to UAW president Shawn Fain.” You can read the full article here: https://www.wsj.com/opinion/the-real-green-energy-transition-auto-maker-layoffs-stellantis-6fea81f9?mod=opinion_lead_pos2

3:15pm- Copyin Kamala or CopyCat Kamala: During a recent campaign rally in Las Vegas, Nevada Democrat presidential nominee Kamala Harris advocated for a new policy which would end taxes on tips. Doesn’t that sound familiar? Republican presidential candidate Donald Trump has been openly campaigning on a “No Tax On Tips” pledge for months. Also worth noting, Harris was the tie-breaking vote on the Inflation Reduction Act—which expanded the size of the Internal Revenue Service (IRS) and consequently its ability to crackdown on unpaid tips.

3:40pm- While speaking with Jonathan Karl on ABC’s This Week, Republican vice-presidential candidate J.D. Vance said of Kamala Harris’s failed attempt to crackdown on unlawful migration: "We have a wide-open Southern border because our border czar actually set a lot of open border policies."