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Some questions to consider as you watch this video, and to discuss in the comment thread if you would like:
1) Do you agree with the joint statement (0:39 in the video)? How would you modify it if you don't? 2) Related to the argument at 2:15 in the video: If there is a large influx of unskilled workers, can we expect the wages of any group of workers to be helped out? Workers at Ford may soon be going on strike according to this Economix blog post. It seems this year has been the year for labor disputes NFL, NBA, and now Ford. The amazing thing to me is how Facebook is playing a role in almost everything that happens now. Before, workers in Detroit would have no way of contacting workers outside of their state, let alone their city. It seems like the Facebook revolution is far from complete. Back to the matter at hand, what could a labor dispute like this do to the cost of Ford cars? How could this effect demand for other cars?
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