Remarks by President Biden on Contract Negotiations Between the United Auto Workers and the Big 3 Auto Companies.
I’m going to say that again: Record corporate profits — which they have — should be shared by record contracts for the UAW.
And just as we’re building an economy of the future, we need labor agreements for the future.
It’s my hope that the parties can return to the negotiation table to forge a win-win agreement.
To continue our active engagement, I’m dis- — I’m deployi- — I’m dispatching two members of my team to Detroit, Acting Labor Secretary Julie Shu [Su] and White House Senior Advisor Gene Sperling — both of them have been involved up until now — to offer their full support for the parties in reaching a contract.
The bottom line is that auto workers helped create America’s middle class. They deserve a contract that sustains them and the middle class.