bitkahuna

iTrader: (20)

this would have a serious impact on the auto industry (among others)

jwong77

I heard about this, and its supposedly going to negatively drive down the national economy by 4-5 Billion a day!

mmarshall

First, this is what happens when workers are taken advantage of. Sometimes they have no choice but to strike...thank goodness for the ILA Union. Second, the country got through the collapse of the Baltimore Harbor Bridge without a national recession.....and that shut down much of the East Coast shipping for over a month. We'll get through this, too.

Toys4RJill

Good ol’ inefficient unions…

geko29

Just going to throw a couple of quotes out there from an AP Article:


"Top scale" according to the current labor agreement is automatically reached at the sixth work anniversary.

Quote:

Analysts say the union’s initial demands included a 77% pay raise over the course of a six-year contract. Daggett, the union president, said sizable pay raises would make up for the inflation spike of the past few years.

No doubt dock workers provide a valuable service and should be compensated for it. But $354,000 per year sounds a little rich for semi-skilled labor, even if they are working a lot of overtime.

They also want a complete ban on any kind of automation, to ensure that the docks don't become too efficient.

jwong77

This all makes me think of the second season of "The Wire".

bitkahuna

iTrader: (20)

at some point docks somewhere will become much more automated and dock workers at other more 'labor intensive' docks will get a payoff to go away (retire). florida will be happy to welcome them so they can spend all that money.

jwong77

I wonder if this similar thing happened to horse carriage drivers (or other jobs that were obsolete) when automobiles were invented.

FrankReynoldsCPA

A bunch of screaming and useless half-wits upset that the world has left them behind because they failed to adapt. Now they want to hold the country hostage? They can all burn in hell.