As the country moves through a contentious election season, where the state of the economy and worries over inflation have been a major talking point, a new economic hazard has appeared on the horizon threatening to hammer the American consumer just as Hurricane Helene threatened – and then did – hammer the Southeast: the International Longshoreman Association, a union of dockworkers who manage the transport, loading, unloading, and all other things associated with shipping containers at the nation’s ports, threatened – and then did – go on strike over wages and automation of their jobs. Here to explain what’s happening, what it could mean for the American consumer right before a busy holiday shopping season, and if any deal or government action may be forthcoming are my colleague and usual podcast host Mike Watson, who also happens to be our labor expert, and Sean Higgins, a research fellow at the Competitive Enterprise Institute here in Washington, DC specializing in labor and employment issues.
Links:
Sean Higgins
https://cei.org/blog/white-house-has-serval-option-in-dockworkers-strike-none-of-them-good/
The real issue in the port strike: Automation
PRO Act Just Gives Unions More Power
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