svoboda on Nostr: So per CNBC, the ILA turned down a 50% raise and is demanding 61.5% for workers. They ...

So per CNBC, the ILA turned down a 50% raise and is demanding 61.5% for workers. They already have an average salary of $147k and have had a 77% wage increase over the last 6 years.

This is going to be interesting to watch the Democrats mental gymnastics here since they are pro-union but one of Kamala's main talking points has been about price gouging. What happens to prices if they relent? Those higher prices will no doubt cascade down the supply chain to the consumer.

A couple more thoughts:

1) If you don't think the companies running those ports aren't leveraging their contacts to see how China has automated large swaths of their ports, you're kidding yourself.

2) If we didn't buy into the globalization is awesome bullshit narrative and had more manufacturing and industry stateside, maybe we wouldn't have to worry so much about the dock workers strike.

A potential central point of failure like this, especially when it comes to the delivery of critical goods to your populace, shows years of bad leadership of letting this situation manifest itself.

Just another heaping helping of FIAT assclownery. I need more sats.