September 22, 2023· 51 min

Steven Rattner on the UAW Strike and the Challenges of Bidenomics

Steven Rattner

Orality

Model

50%

Speaker Breakdown

HostTracy Alloway(1,736 words)

M:28%

HostJoe Weisenthal(1,318 words)

M:29%

GuestSteven Rattner(6,392 words)

M:28%

Oral Indicators

Agonistic38%

literally, completely, absolutely

Engagement61%

you, our, your

Memory Aids100%

listen, now, right

Repetition100%

they (77x), like (65x), about (63x)

Parallelism82%

But for now, enjoy this bonus ..., And I'm Joe Weisenthal...., So we are recording this Septe...

Sound Patterns43%

44 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases6%

at the end of the day, i mean, so to speak

Literate Indicators

Hedging9%

probably, relatively, rather

Passive Voice5%

be shared, were given, be protected

Abstract Nouns20%

investment, recommendation, productivity

Subordination7%

because, therefore, though

Sentence Length43%

Avg: 15.6 words/sentence

Word Complexity49%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style39%

627 personal pronouns found

Descriptive Style96%

literally, completely, probably

Description

When the US auto industry needed a restructuring or bailout in 2009, the Obama administration tapped former banker and investor Steven Rattner to lead the effort. As the government's "car czar," he helped shape an agreement that saw the United Auto Workers accept significant concessions in order to preserve the financial stability of the big three American carmakers. Now the UAW is on strike, with an aim of reversing many of those concessions and gaining new benefits for their workers. So what can the UAW reasonably accomplish? How plausible are their asks? And can US industry remain competitive with higher labor costs? On this episode of Odd Lots, we speak with Rattner to get his take on the negotiations, the challenge of the energy transition on the incumbent automakers, and the goals of Bidenomics more broadly, as the administration seeks to boost domestic manufacturing in areas like EVs, batteries, and semiconductors. See omnystudio.com/listener for privacy information.

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