September 11, 2024 • 9 mins
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
What this industry has gone through. Brace yourselves because more
is on the way. In new study, how Biden Harris
EV mandate will cost one hundred and twenty three thousand
auto jobs, including over thirty seven thousand in Michigan. Here
to talk about this and the impact on the state,
what it means, and of course on the state of
the industry. Henry Paying the Detroit News, Detroit Newstalk Superstition, Henry,
(00:24):
good morning.
Speaker 2 (00:25):
Hey, justin Halire this morning, I got to say, just
picking up on your topper there about fact checking. I
was going through the postgame analysis last night and websites
on TV shows and there was Fox News or whether
(00:47):
it was CNN or National Review or MSNBC, everybody was
obsessing on this silly comment that Trump made about immigrants
seating cats and dogs in in Field, Ohio. And Kamala
Harris repeated again at her and that her national economic
(01:11):
model is based on the absurd idea that your car
is changing the weather. She repeated this again last night
as the foundation for her industrial policy, forcing this auto
industry to go to evs. She said, We're experiencing severe
weather in this country because of your car, and it's
(01:33):
remarkable to me that this is let pass time and
time again, and it is having real consequences right now. Volkswagen,
which is the second largest company in the world, which
has committed itself to this electric fantasy, is in real
trouble right now. I mean, they're analysts giving this company
two years to survive because the Chinese electric cars are
(01:59):
inundate the electric the European market under their mandates and
taking market share from Volkswagen. The CEO of Stillanis has
been here in the last month in crisis management trying
to salvage UH Stillanis, which includes Dodge Ram uh Chrysler
(02:21):
here because they're getting hit by billions of dollars in
fines by by California and ultimately by the US government
because they don't make electric vehicles. I mean, you know,
the the and the foundation of this economic policy is
the idea that we're getting severe weather from what are you?
What are you driving today? Justin what's your car?
Speaker 1 (02:43):
Don't I don't know if I want to tell everybody
it's a it's a Cadillac, it's an SUV. But you know,
I guarantee you it's not cause it and if it
is causing some of the weather issues. Uh, maybe that's
a good thing. I saw that this is going to
be one of the best years on record, the slowest
years on record for hurricanes this year. That's kind of
quietly being being just sort of sleppt under the rug there, Henry.
(03:05):
Maybe we're doing something right with our SUVs at this point.
Speaker 2 (03:08):
Huh. Yeah, I mean there's no I mean, there's no
science behind this. There's no science that says there's any
relationship between temperature and carbon dioxide in the air. It
is the foundation of this industrial policy and it's having
real consequences.
Speaker 1 (03:27):
Yeah, And to your point, this is sort of the
fairytale grain pipe cham stuff that is driving driving the
industry into well a tail spin right now. So thirty
seven thousand jobs in Michigan a load. Look, we talked
about it earlier, Mike Rogers on the program. These aren't
(03:49):
just auto jobs. Yeah, every one of those auto jobs
there is like a restaurant across the street from the plant,
or any number of things that are tied in. It's
the lifeblood of our economy here in Michigan. Manufacturing just
it just is. It's who we are. And of course
all of these things are tied together. So I think
(04:12):
these are small numbers anyway, in this study that's been done,
I think they're not. I think they're probably much bigger
than this in reality. But the America First Policy Institute
has put this report out. I think what we're going
to see, we can't even possibly imagine how bad it
(04:35):
will be if we continue down this road. Unfortunately.
Speaker 2 (04:41):
Well that's what socialism does. I mean, when the government
comes in and takes over markets, causes huge disruptions, and
we're seeing that right now. The study that you refer
to from my AFPI to America First Policy Institute is
think that's affiliated with the Trump campaign. There are very
(05:05):
few things that AFPI agrees with the Economic Policy Institute
on the EEPI. The Economic Policy Institute is the think
tank that is backed by big labor. Yet they have
both come out with studies this year showing massive job
losses if the government forces the auto industry to go
(05:28):
by twenty thirty. The Economic Policy Institute study estimates eighty
seven found lost jobs in this country. You know, looking
down the supply chain, not just at the big auto companies,
but also that all the suppliers that them parts in
(05:49):
the America First Policy Institute estimates one hundred and twenty
two thousand lost jobs by twenty thirty if the US
continues to go down this socialist path that the Harris
Bide administration has played out for us. So this is uh,
this is bipart of some stuff, and yet we are
(06:11):
barreling down that road.
Speaker 1 (06:14):
Well, let's talk about some good news. What what what
are you seeing out there? Anything? I noticed that there's
been some talk of hybrids, and there's been some talk
some of these companies are looking at ways to sort
of well do some of the things that that they're
being asked to do, but also be smart about it.
(06:35):
There's some shifts in the industry. What is going on
out there? Anything that maybe should give us a bit
of good news, uh, and some encouragement here.
Speaker 2 (06:47):
Well, the good news is is this is the This
is the biggest consumer market in the world. And for
all of these government policies that you see putting in
place to consume is largely unaware of them. I mean
that this economy is so huge, uh, and it's so
dynamic that and it's run by the US consumer. So
(07:10):
the consumer is is UH is defying all of these
all of these electric mandates. You know you said you
drive a Cadillac. I'm testing a Hyundai U G eighty sedan,
which is gas powered sedan this week. Excellent car. I mean,
(07:31):
the industry in the end has to satisfy its consumer.
It's a it's a difficult play. And that's because that's
why you're seeing STILLANIS and b W such financial trouble
because what the consumer doesn't see is that the if
the consumer buys car or a hunday gas car, that
(07:52):
means that those companies have to pay fines, hundreds of
thousands of dollars in fines to the government because they're
not selling an EV to you. So behind the scenes
there's some real financial straits, but ultimately the consumer rules,
and what you're seeing in this economy is electric vehicles
(08:15):
are kind of bumping up against an eight market ceiling
depending on where you are in this country, and ultimately
those consumers vote. And that's why you're seeing Kamala Harris
defying her ban on fracking define her the idea of
(08:36):
EV mandate because she knows that ultimately consumers don't want
to give up natural gas products and gas powered vehicle products.
Speaker 1 (08:48):
The latest on this story and more. Of course you
want to stay up to date with everything Henry Payne,
obviously chance to do that. Best way to find you
and follow you online, you know obviously writing for the
Detroit News, but reports here as well.
Speaker 2 (09:05):
You can find me at the Detroit News. I'm also
a cartoonist for Andrews McNeil Sineket. You can find me
all over the country. Having some fun with the debate
last night, and always great to be with you. Justin
you've shined a light of some very important issues.
Speaker 1 (09:19):
Always a pleasure, Henry, thank you so much for taking
the time and updating folks on these important things as well.
More coming up
What this industry has gone through. Brace yourselves because more
is on the way. In new study, how Biden Harris
EV mandate will cost one hundred and twenty three thousand
auto jobs, including over thirty seven thousand in Michigan. Here
to talk about this and the impact on the state,
what it means, and of course on the state of
the industry. Henry Paying the Detroit News, Detroit Newstalk Superstition, Henry,
(00:24):
good morning.
Speaker 2 (00:25):
Hey, justin Halire this morning, I got to say, just
picking up on your topper there about fact checking. I
was going through the postgame analysis last night and websites
on TV shows and there was Fox News or whether
(00:47):
it was CNN or National Review or MSNBC, everybody was
obsessing on this silly comment that Trump made about immigrants
seating cats and dogs in in Field, Ohio. And Kamala
Harris repeated again at her and that her national economic
(01:11):
model is based on the absurd idea that your car
is changing the weather. She repeated this again last night
as the foundation for her industrial policy, forcing this auto
industry to go to evs. She said, We're experiencing severe
weather in this country because of your car, and it's
(01:33):
remarkable to me that this is let pass time and
time again, and it is having real consequences right now. Volkswagen,
which is the second largest company in the world, which
has committed itself to this electric fantasy, is in real
trouble right now. I mean, they're analysts giving this company
two years to survive because the Chinese electric cars are
(01:59):
inundate the electric the European market under their mandates and
taking market share from Volkswagen. The CEO of Stillanis has
been here in the last month in crisis management trying
to salvage UH Stillanis, which includes Dodge Ram uh Chrysler
(02:21):
here because they're getting hit by billions of dollars in
fines by by California and ultimately by the US government
because they don't make electric vehicles. I mean, you know,
the the and the foundation of this economic policy is
the idea that we're getting severe weather from what are you?
What are you driving today? Justin what's your car?
Speaker 1 (02:43):
Don't I don't know if I want to tell everybody
it's a it's a Cadillac, it's an SUV. But you know,
I guarantee you it's not cause it and if it
is causing some of the weather issues. Uh, maybe that's
a good thing. I saw that this is going to
be one of the best years on record, the slowest
years on record for hurricanes this year. That's kind of
quietly being being just sort of sleppt under the rug there, Henry.
(03:05):
Maybe we're doing something right with our SUVs at this point.
Speaker 2 (03:08):
Huh. Yeah, I mean there's no I mean, there's no
science behind this. There's no science that says there's any
relationship between temperature and carbon dioxide in the air. It
is the foundation of this industrial policy and it's having
real consequences.
Speaker 1 (03:27):
Yeah, And to your point, this is sort of the
fairytale grain pipe cham stuff that is driving driving the
industry into well a tail spin right now. So thirty
seven thousand jobs in Michigan a load. Look, we talked
about it earlier, Mike Rogers on the program. These aren't
(03:49):
just auto jobs. Yeah, every one of those auto jobs
there is like a restaurant across the street from the plant,
or any number of things that are tied in. It's
the lifeblood of our economy here in Michigan. Manufacturing just
it just is. It's who we are. And of course
all of these things are tied together. So I think
(04:12):
these are small numbers anyway, in this study that's been done,
I think they're not. I think they're probably much bigger
than this in reality. But the America First Policy Institute
has put this report out. I think what we're going
to see, we can't even possibly imagine how bad it
(04:35):
will be if we continue down this road. Unfortunately.
Speaker 2 (04:41):
Well that's what socialism does. I mean, when the government
comes in and takes over markets, causes huge disruptions, and
we're seeing that right now. The study that you refer
to from my AFPI to America First Policy Institute is
think that's affiliated with the Trump campaign. There are very
(05:05):
few things that AFPI agrees with the Economic Policy Institute
on the EEPI. The Economic Policy Institute is the think
tank that is backed by big labor. Yet they have
both come out with studies this year showing massive job
losses if the government forces the auto industry to go
(05:28):
by twenty thirty. The Economic Policy Institute study estimates eighty
seven found lost jobs in this country. You know, looking
down the supply chain, not just at the big auto companies,
but also that all the suppliers that them parts in
(05:49):
the America First Policy Institute estimates one hundred and twenty
two thousand lost jobs by twenty thirty if the US
continues to go down this socialist path that the Harris
Bide administration has played out for us. So this is uh,
this is bipart of some stuff, and yet we are
(06:11):
barreling down that road.
Speaker 1 (06:14):
Well, let's talk about some good news. What what what
are you seeing out there? Anything? I noticed that there's
been some talk of hybrids, and there's been some talk
some of these companies are looking at ways to sort
of well do some of the things that that they're
being asked to do, but also be smart about it.
(06:35):
There's some shifts in the industry. What is going on
out there? Anything that maybe should give us a bit
of good news, uh, and some encouragement here.
Speaker 2 (06:47):
Well, the good news is is this is the This
is the biggest consumer market in the world. And for
all of these government policies that you see putting in
place to consume is largely unaware of them. I mean
that this economy is so huge, uh, and it's so
dynamic that and it's run by the US consumer. So
(07:10):
the consumer is is UH is defying all of these
all of these electric mandates. You know you said you
drive a Cadillac. I'm testing a Hyundai U G eighty sedan,
which is gas powered sedan this week. Excellent car. I mean,
(07:31):
the industry in the end has to satisfy its consumer.
It's a it's a difficult play. And that's because that's
why you're seeing STILLANIS and b W such financial trouble
because what the consumer doesn't see is that the if
the consumer buys car or a hunday gas car, that
(07:52):
means that those companies have to pay fines, hundreds of
thousands of dollars in fines to the government because they're
not selling an EV to you. So behind the scenes
there's some real financial straits, but ultimately the consumer rules,
and what you're seeing in this economy is electric vehicles
(08:15):
are kind of bumping up against an eight market ceiling
depending on where you are in this country, and ultimately
those consumers vote. And that's why you're seeing Kamala Harris
defying her ban on fracking define her the idea of
(08:36):
EV mandate because she knows that ultimately consumers don't want
to give up natural gas products and gas powered vehicle products.
Speaker 1 (08:48):
The latest on this story and more. Of course you
want to stay up to date with everything Henry Payne,
obviously chance to do that. Best way to find you
and follow you online, you know obviously writing for the
Detroit News, but reports here as well.
Speaker 2 (09:05):
You can find me at the Detroit News. I'm also
a cartoonist for Andrews McNeil Sineket. You can find me
all over the country. Having some fun with the debate
last night, and always great to be with you. Justin
you've shined a light of some very important issues.
Speaker 1 (09:19):
Always a pleasure, Henry, thank you so much for taking
the time and updating folks on these important things as well.
More coming up
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