The U.S. economy could take yet another hit because the UAW has gone on strike:
A strike at the Big 3 U.S. automakers -- General Motors, Ford and Stellantis – would threaten the livelihood of up to 143,000 workers and the bottom line at some of the nation's top companies.
The economic fallout, however, could extend far beyond the immediate players involved. Businesses may lose out on spending from striking autoworkers. Car component suppliers could grind to a halt. Consumers may decide to balk at higher prices.
A six-week strike would cost the U.S. two-tenths of a percentage point of economic growth over a period of three months ending in December, Mark Zandi, chief economist for Moody's Analytics, told ABC News.
Couple that potential economic hit with everything else that's going on -- inflation, gas prices and all the rest -- and a laser-like focus on the economy is needed.
That's where the Biden White House comes in, and a billionaire has been appointed to focus solely on economic recovery.
No, not in the United States of course.
Here's Secretary of State Antony Blinken helping to highlight this administration's "priorities":
.@POTUS has appointed Penny Pritzker as the U.S. Special Representative for Ukraine’s Economic Recovery. She will work with Ukraine’s government, international partners, and the private sector to accelerate Ukraine's economic transformation. pic.twitter.com/uhTC8jgeZL— Secretary Antony Blinken (@SecBlinken) September 14, 2023
As usual, it appears that Biden seems to forget which country he's president of, and for some reason I'm guessing a certain economic recovery appointee is about to end up even richer, along with many others.
It'd be cool if DC showed the same level of interest in America's economic recovery. https://t.co/vIDfuZOt3n— Anthony Abides (@AnthonyAbides) September 15, 2023
Wouldn't it, though!?
Bidenomics doesn’t work here in the U.S. so they’re trying it out in Ukraine.— edgiesversion 24ElectionMatters (@edgiesversion) September 14, 2023
"Bidenomics" in Ukraine is probably going to work out great for CERTAIN people. It probably already had.
This where they are building back better. New society in Ukraine is the proxy of United States so when our country is destroyed they have their utopia.— Reaganette (@Ezinger44) September 15, 2023
Why? How’s Ukraine my business and why am I paying taxes to accelerate their economy?— Vanessa (@Dilectus_Dei) September 14, 2023
Are y’all working for Ukraine?
While so many Americans are struggling it's almost like the Biden regime enjoys rubbing in our faces how focused they are on Ukraine's economy.
Cranking back up the Afghanistan nation-building money laundering machine, and putting the billionaire heiress/sister of the Illinois governor in charge of it.— Oilfield Rando (@Oilfield_Rando) September 14, 2023
In broad daylight. Incredible. https://t.co/aVEmsqipUb
They must just sit around laughing at the rest of us at the end of the day.
we haven’t even identified or found the bodies from the Maui fires and all they do is discuss economic development in other countries https://t.co/2wJvEUj7yO— 𝓁𝒶𝓊𝓇𝑒𝓃 🎃 🍁 ☕️ (@FletchMatlock) September 15, 2023