Tuesday, November 29, 2022

Biden Punts Possible Devastating Rail Strike Dilemma To Congress To Solve

Biden has kicked this problem over to Congress for them to stave off a devastating rail strike that he could not shore up himself.

A strike is probable if the four hold-out unions don't capitulate to the agreement by December 9th. It's estimated that a railroad strike would cost the economy roughly $2 billion a day.

House Speaker Nancy Pelosi said that a possible rail strike right now would case the "Entire nation" to suffer.

Add in a rail strike to everything going on right now and it could spell significantly more trouble for Americans.

If Congress were to opt against intervention and a strike happened, the idea is that the truckers would be asked to step up and fill the transportation gap, which is way easier said than done.

The American Trucking Association estimates a rail strike would require 500,000 additional trucks and 80,000 more drivers.

While the President and his party might face some mild blowback from the labor movement, overall, nobody in this country, or D.C. for that matter, wants a rail strike.

https://thepoliticalinsider.com/biden-punts-possible-devastating-rail-strike-dilemma-to-congress-to-solve/?utm_source=home-headline-stories 

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