America is facing a nightmare scenario with a looming strike and wrecked infrastructure after Hurricane Helene
America is facing a nightmare scenario with a looming strike and wrecked infrastructure after Hurricane Helene
A looming port strike and the Hurricane Helene fallout could disrupt US supply chains, cost $5 billion daily and drive prices up, fanning inflation.
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As an American who will be negatively affected by this...
Great! Seems like the perfect time for a strike. I hope they get what they're asking for, but if they don't, I hope they keep it up as long as they need to.
No. No you don’t. They were offered a 50% wage hike tonight, yes, FIFTY, and still declined. I import for my job. There’s SO much that comes from all over the world. It will in turn make factories come to a standstill here. Trump will blame it all on the administration, people will believe him and then we are ruined for good.
If I pay you 8 dollars and a fair wage is 15, a 50% raise is still a slap in the face.
Is it 50% over 10 years or something like that? Edit: I just looked it up it's over 6 years which is 7% annual raises. This barely catches up to the past 3 years of inflation l not to mention as you work at a place you should be getting better and more useful so should be making more. 50% is a bare minimum offer and sounds like turning it down makes sense.
The Alliance said its latest offer would increases wages by nearly 50% over the six-year contract, and triple employer contributions to retirement plans. The offer also would strengthen health care options and keep current language that limits automation.
The union has demanded 77% pay raises over six years to help deal with inflation. Many of the ILA workers can make over $200,000 per year, but the union says they must work large amounts of overtime to reach that figure.
High-end longshoreman wages without overtime are currently around 81k, so that $200k figure is sensationalizing it.
So they were offered a 50% hike, so what? When was the last time they got a meaningful pay increase? And if it's not the money, it's got to be something else: remember when the rail workers were on strike and the bosses made big noise about the pay increases they were offering, only it turned out that the workers were constantly expected to work double shifts on no notice, with no real option to refuse, and they had no time off for months on end? Fuck that shit, pay the workers what they're worth. If I can't buy a brand new car or some bananas, so what?
Fun fact. Biden actually went back and got those rail workers extra sick days like he promised.
Recall that a similar strike happened under Bush only 20 years ago. Nothing changes. They should absolutely push harder for bigger change.
If they turned down a 50% pay increase they must currently be paid shit. I am sure the CEO is more than fairly compensated, they should be too.
This is pretty much it. They say the shipping companies' profits have skyrocketed in recent years and that their wages have been stagnating, so they're looking for a large pay raise to both take the high profits into account, and to account for inflation. Seems very reasonable to me.
They're not asking for a 50% wage hike. They're asking to have their pensions, which were taken from them a decade ago, to be restored.
i want them to have the entire company
I thought Trump wanted to stop all those goods coming in...
Whatever he can use and twist to his advantage he will do. The other day he was saying how the economy was great during McKinley because we had all these tariffs and bringing in the money. YES he does get it!! He knows, and lies to the American people. But tariffs are not a stable income for the government. Overseas manufacturers are now building plants in countries without the tariffs (Mexico, Thailand). Then what? No income. AND, The extra China tariff is 25% now. It needs to be 75-100% to get high enough to be competitive with a US made product. That’s more inflation. Either way, it’s us peeons that get the losing end.
Ok. And?
He's not gonna win based on that.