1 00:00:00,240 --> 00:00:05,200 Speaker 1: The CEO of Ford, Jim Farley, who I believe is 2 00:00:05,320 --> 00:00:09,880 Speaker 1: in relation to Chris Farley, the late Great. Jim Farley 3 00:00:10,480 --> 00:00:15,200 Speaker 1: says that he can't fill five thousand mechanic jobs paying 4 00:00:15,240 --> 00:00:18,880 Speaker 1: one hundred and twenty thousand dollars per year right now. Quote, 5 00:00:19,120 --> 00:00:22,000 Speaker 1: we are in trouble in this country. I can't fill 6 00:00:22,120 --> 00:00:25,560 Speaker 1: five thousand mechanic jobs paying one hundred and twenty thousand 7 00:00:25,640 --> 00:00:27,480 Speaker 1: dollars per year. What do we make of this? 8 00:00:29,120 --> 00:00:34,720 Speaker 2: You probably better pump up the pay then, buden. I mean, 9 00:00:35,720 --> 00:00:38,519 Speaker 2: if nobody's going for one hundred and twenty, go for 10 00:00:38,600 --> 00:00:40,240 Speaker 2: one hundred and forty. Right. 11 00:00:40,720 --> 00:00:42,839 Speaker 1: It's not like this is a mom and pop pizza 12 00:00:42,880 --> 00:00:46,360 Speaker 1: place where yeah, Ford is in danger of closing down. 13 00:00:46,760 --> 00:00:48,000 Speaker 1: You know, they're not going to be able to pay 14 00:00:48,040 --> 00:00:52,199 Speaker 1: their bills next month. This is Ford. So maybe instead 15 00:00:52,200 --> 00:00:55,800 Speaker 1: of oh, I don't know, making twenty five million dollars 16 00:00:55,840 --> 00:01:00,120 Speaker 1: next year, you make twenty one million dollars as your salary. 17 00:01:00,120 --> 00:01:05,199 Speaker 3: Oh oh no, no, no, you can't do that because 18 00:01:05,240 --> 00:01:07,360 Speaker 3: like I get you know, like if you are a 19 00:01:07,440 --> 00:01:12,000 Speaker 3: McDonald's franchisee owner and you're like, I can't afford to 20 00:01:12,040 --> 00:01:13,920 Speaker 3: pay people thirty dollars. 21 00:01:13,680 --> 00:01:16,760 Speaker 1: An hour minimum wage to make big max. That's not 22 00:01:16,840 --> 00:01:20,280 Speaker 1: our business model. I can't stay in business, but Ford can. 23 00:01:21,160 --> 00:01:24,440 Speaker 1: Ford's got the money, right, got the money, and they've 24 00:01:24,480 --> 00:01:27,360 Speaker 1: got what I've been told is a very strong union 25 00:01:27,480 --> 00:01:31,080 Speaker 1: of workers. So I don't know. I on one hand, 26 00:01:31,280 --> 00:01:33,920 Speaker 1: I get being a business owner and you're like, what 27 00:01:33,959 --> 00:01:36,640 Speaker 1: am I supposed to do? They're asking for these ridiculous things. 28 00:01:36,920 --> 00:01:39,600 Speaker 1: But on the other hand, if you're Ford, you're not 29 00:01:39,720 --> 00:01:42,320 Speaker 1: quite the mom and pop pizza place, right. I just 30 00:01:42,360 --> 00:01:46,440 Speaker 1: saw Rockstar Pizza in Brownsburg. Their ovens closed down and 31 00:01:46,480 --> 00:01:49,680 Speaker 1: they were freaking out, But then the community stepped up 32 00:01:49,880 --> 00:01:52,120 Speaker 1: and everybody said, hey, we're gonna help you out, and 33 00:01:52,320 --> 00:01:54,560 Speaker 1: they kept them going and now they got their new oven. 34 00:01:55,080 --> 00:01:58,720 Speaker 1: Like that's different. That's awesome, But that's different than a 35 00:01:58,960 --> 00:02:00,480 Speaker 1: mega place like Ford. 36 00:02:01,280 --> 00:02:03,360 Speaker 2: Ford's got the money. Come on now, I mean, how 37 00:02:03,360 --> 00:02:09,239 Speaker 2: does the labor market work? Labor like, labor sets the price, right, 38 00:02:09,520 --> 00:02:10,960 Speaker 2: not not in management. 39 00:02:11,160 --> 00:02:14,720 Speaker 1: Right, it's the labor market. So you're right, the labor 40 00:02:15,160 --> 00:02:17,640 Speaker 1: kind of sets the point to where they're willing to 41 00:02:17,680 --> 00:02:21,080 Speaker 1: accept a job. Labor sets the price, not the management. 42 00:02:21,680 --> 00:02:26,480 Speaker 1: So you either play by their rules or you just 43 00:02:26,560 --> 00:02:28,520 Speaker 1: say we're going to figure out a way to do 44 00:02:28,560 --> 00:02:32,760 Speaker 1: these jobs without employees. Maybe it's a machine. Maybe it's AI. 45 00:02:33,200 --> 00:02:35,800 Speaker 1: Now I don't think AI can get under your car 46 00:02:35,880 --> 00:02:39,280 Speaker 1: and fix it, but I'm sure there's some nerds somewhere 47 00:02:39,360 --> 00:02:41,000 Speaker 1: figuring out a machine that can. 48 00:02:41,240 --> 00:02:44,600 Speaker 2: Either way, the cost is being passed on to the consumer. 49 00:02:44,919 --> 00:02:49,120 Speaker 1: That is you r I right, So if you can't 50 00:02:49,160 --> 00:02:53,360 Speaker 1: afford to buy a Ford, then you make other plans. Again, 51 00:02:53,440 --> 00:02:56,160 Speaker 1: that's the market, but that's also how the labor market work. 52 00:02:56,160 --> 00:02:58,320 Speaker 2: They still sell Dotson's. 53 00:03:00,080 --> 00:03:04,040 Speaker 1: Jevy Chavette still out there somewhere the Gremlin. Are they 54 00:03:04,040 --> 00:03:05,280 Speaker 1: still producing the Gremlin? 55 00:03:05,360 --> 00:03:09,119 Speaker 2: By there is question and maybe somebody in the YouTube 56 00:03:09,160 --> 00:03:10,200 Speaker 2: we can't. 57 00:03:10,400 --> 00:03:12,720 Speaker 1: Yeah, there's no Wi Fi right now, so we can't 58 00:03:12,760 --> 00:03:14,320 Speaker 1: do the YouTube chat or Twitter. 59 00:03:14,360 --> 00:03:16,920 Speaker 2: Really, it's the Chevy Cavalier out there. That was the 60 00:03:16,960 --> 00:03:19,160 Speaker 2: first brand new car I ever bought in my life 61 00:03:19,200 --> 00:03:23,080 Speaker 2: in my early twenties. It was a Chevy Cavalier and 62 00:03:23,120 --> 00:03:28,320 Speaker 2: I put rims on it. Oh I had Uh. 63 00:03:27,200 --> 00:03:29,120 Speaker 1: Did you have tinted windows? Did you wear a lot 64 00:03:29,120 --> 00:03:29,600 Speaker 1: of Drakar? 65 00:03:29,840 --> 00:03:32,960 Speaker 2: I wore dra car. I had tinted windows. I had 66 00:03:33,000 --> 00:03:37,960 Speaker 2: a twelve stack CD player installed in the back with 67 00:03:38,280 --> 00:03:44,800 Speaker 2: a gosh, what an alpine alpine speaker bumping? Not a speaker, 68 00:03:45,640 --> 00:03:48,480 Speaker 2: the alpine radio that the player? 69 00:03:48,960 --> 00:03:51,040 Speaker 1: Was it the disposable one you could pop off and 70 00:03:51,080 --> 00:03:52,320 Speaker 1: carry with you later on? 71 00:03:52,560 --> 00:03:55,240 Speaker 2: Because that was such a power so people wouldn't steal it. 72 00:03:55,400 --> 00:03:57,560 Speaker 1: Such a power move to walk into a place with 73 00:03:57,600 --> 00:04:00,760 Speaker 1: your face of your CD player put it in your pocket. 74 00:04:00,800 --> 00:04:03,360 Speaker 2: Could you imagine me, like, what was I thinking? Putting? 75 00:04:03,600 --> 00:04:08,160 Speaker 2: Like I spent money to put rims on a Chevy Cavalier. 76 00:04:09,160 --> 00:04:11,920 Speaker 1: Did it warrant any young lady taking her breeches off? 77 00:04:12,840 --> 00:04:14,920 Speaker 1: Did anybody be like, oh, look at his car, I 78 00:04:14,920 --> 00:04:19,039 Speaker 1: won't be needing these anymore. Did that happen? Yes or no? 79 00:04:19,240 --> 00:04:20,760 Speaker 1: Because if it happened, then it was worth it. 80 00:04:21,800 --> 00:04:24,400 Speaker 2: I don't think it happened as a direct result of 81 00:04:24,440 --> 00:04:27,240 Speaker 2: me putting rims on my Chevy Cavalier. Let's put it 82 00:04:27,279 --> 00:04:27,640 Speaker 2: that way. 83 00:04:27,680 --> 00:04:29,719 Speaker 1: If they would have got to your car and it 84 00:04:29,760 --> 00:04:33,320 Speaker 1: would have been a regular Cavalier but not the souped 85 00:04:33,360 --> 00:04:37,440 Speaker 1: up cavalier, would the panties have dropped? That's a serious question, Nige. 86 00:04:37,880 --> 00:04:41,000 Speaker 2: I don't think so. I don't think so. I don't 87 00:04:41,000 --> 00:04:43,560 Speaker 2: think so. I don't think the rims I think there 88 00:04:43,600 --> 00:04:46,560 Speaker 2: was more my personal preference. Allison never been turned on 89 00:04:46,600 --> 00:04:47,360 Speaker 2: by somebody's car. 90 00:04:48,720 --> 00:04:54,039 Speaker 1: No, oh no, not at all, okay nothing, No, not 91 00:04:54,120 --> 00:04:57,000 Speaker 1: a Corvette. No, even if they walk out and they 92 00:04:57,000 --> 00:04:59,920 Speaker 1: have their disposable face of their CD player that is, 93 00:05:00,040 --> 00:05:01,120 Speaker 1: and turn you on a little bit. 94 00:05:02,080 --> 00:05:03,880 Speaker 2: She doesn't even know what you're talking about. 95 00:05:04,040 --> 00:05:05,680 Speaker 1: That I I've no idea what you're talking about there now. 96 00:05:07,360 --> 00:05:10,880 Speaker 2: When like I would have the factory I had the 97 00:05:10,920 --> 00:05:15,400 Speaker 2: factory radio pulled out of the Chevy Cavalier in nineteen 98 00:05:15,520 --> 00:05:19,000 Speaker 2: ninety nine when I was working at Acts like my first, 99 00:05:19,160 --> 00:05:22,320 Speaker 2: my first full time job, and they put in an 100 00:05:22,400 --> 00:05:26,400 Speaker 2: Alpine with the twelve CD player in the back. Sure, 101 00:05:26,600 --> 00:05:33,839 Speaker 2: and the face of the Alpine could be you could 102 00:05:33,839 --> 00:05:35,520 Speaker 2: take it off and take it with you so they 103 00:05:35,520 --> 00:05:38,679 Speaker 2: wouldn't steal the radios. A burglar wouldn't steal the radio. 104 00:05:39,080 --> 00:05:41,240 Speaker 1: And theft was a big deal. People are having their 105 00:05:41,240 --> 00:05:42,760 Speaker 1: car stereos stole it all. 106 00:05:42,680 --> 00:05:44,640 Speaker 2: The time, all the time. What was in the twelve 107 00:05:44,680 --> 00:05:50,240 Speaker 2: D CD player? All rock stuff from Zeppelin to Metallica 108 00:05:50,400 --> 00:05:51,680 Speaker 2: to God. See, that's weird. 109 00:05:51,440 --> 00:05:53,240 Speaker 1: When you've soaped up your car though, like when you 110 00:05:53,240 --> 00:05:56,279 Speaker 1: soup up your car around that time, I would figure 111 00:05:56,360 --> 00:05:58,720 Speaker 1: you had some jay Z, you would have had some. 112 00:05:58,800 --> 00:06:03,760 Speaker 2: Snuff, some of some gangster rap was in there, okay, 113 00:06:04,000 --> 00:06:06,680 Speaker 2: But I was never like a jay Z Tupac guy. 114 00:06:06,760 --> 00:06:08,880 Speaker 1: As nobody ever goes down the street with their boom 115 00:06:08,920 --> 00:06:11,840 Speaker 1: and system and they're souped up car blaring sound garden. 116 00:06:13,320 --> 00:06:16,839 Speaker 2: Well yeah, no, I no, I liked rock, but I 117 00:06:16,880 --> 00:06:21,040 Speaker 2: did have my n w A moments and ice Cube. 118 00:06:21,360 --> 00:06:23,599 Speaker 1: Were you like Michael Bolton and Office Space when you 119 00:06:23,640 --> 00:06:25,560 Speaker 1: pulled up to a stoplight and you looked over and 120 00:06:25,560 --> 00:06:28,240 Speaker 1: saw an actual black guy, did you roll the window 121 00:06:28,360 --> 00:06:29,680 Speaker 1: up at that point just. 122 00:06:29,680 --> 00:06:34,000 Speaker 2: Kind of kind of side like subtly moved my hand 123 00:06:34,240 --> 00:06:38,480 Speaker 2: to hey, you guys like Diddy too, it's the hammer 124 00:06:38,560 --> 00:06:39,200 Speaker 2: and Nigel so