Morning Jolt: Is It Any Surprise That Historic Labor Strikes Are Occurring under Biden?

On the menu today: The Hollywood strikes generated a lot of headlines when they began and then . . . for most of the rest of the country, life moved on. There are some contradictory reports about whether the writers and actors are near a deal, and the industry is rapidly approaching a deadline to salvage the film-production schedule for next year. This comes as Hollywood's usually most lucrative studio, Disney, faces the prospect of going 0-for-4 with its big-budget blockbusters this year. And as the ongoing strikes in America start to pile up, it seems fair to wonder how much of this labor strife is a consequence of the self-described "most pro-union president in American history." If workers feel underpaid, one contributing factor is the horrible runaway inflation that gripped the country shortly after Biden took office. Finally, for everyone who has spent their lifetime raging against the U.S. federal government's Board of Tea Experts, victory is at hand.

Hey, Remember Hollywood? Whatever Happened to That?

The state of the ongoing Hollywood strikes depends upon whom you ask.

Earlier this week, CNBC's David Faber reported ...

TODAY'S MORNING JOLT WITH JIM GERAGHTY
IS PRESENTED BY

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WITH JIM GERAGHTY September 22 2023
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WITH JIM GERAGHTY September 22 2023
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Is It Any Surprise That Historic Labor Strikes Are Occurring under Biden?

On the menu today: The Hollywood strikes generated a lot of headlines when they began and then . . . for most of the rest of the country, life moved on. There are some contradictory reports about whether the writers and actors are near a deal, and the industry is rapidly approaching a deadline to salvage the film-production schedule for next year. This comes as Hollywood's usually most lucrative studio, Disney, faces the prospect of going 0-for-4 with its big-budget blockbusters this year. And as the ongoing strikes in America start to pile up, it seems fair to wonder how much of this labor strife is a consequence of the self-described "most pro-union president in American history." If workers feel underpaid, one contributing factor is the horrible runaway inflation that gripped the country shortly after Biden took office. Finally, for everyone who has spent their lifetime raging against the U.S. federal government's Board of Tea Experts, victory is at hand.

Hey, Remember Hollywood? Whatever Happened to That?

The state of the ongoing Hollywood strikes depends upon whom you ask.

Earlier this week, CNBC's David Faber reported ...   READ MORE

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