Railroad Strike Coming??

Every job has a value, and in our country the 'market' sets the value. If you advertise to hire someone and you don't offer enough money/ benefits you will not find a person qualified to do that job. That is the basic economic facts in free market countries. Of course, there are exceptions on both sides of the scale, some businesspeople get hired because they know someone or are a relative. Some guys get picked up for a union job for the same reason. In both cases, the candidate may not be qualified, but life happens.

Of course, in China, Russia, etc. if you are not part of the ruling class, you get what everyone else gets. The guys on the line get the same as the accountant...all for one, one for all!
 
I feel like it is about gross inequality. People who push papers, and make deals make way more than the laborers. Why?


Easy to figure out ...... Laborers are much more easily found. People that make the deals [your term] are generally smarter ? more difficult to find, demand more to be satisfied , etc. Hence the promotion ladder exist .... a chance for the laborers to perhaps move up into management . Without the incentive to get "ahead" companies woud just stand still ... no ?

Middle and upper management bear much more responsibility / pressure to get the job done ..... overall. For that they are paid a greater amount / receive greater "perks" .

Now , is the "gap" to big ? Perhaps , but that is individual to each situation.

I may get stoned for this ? But it needs to be said ....... I do believe most people in business / employment in general, are paid just about what they are worth ........ jmo.

And before anyone ask ...... No , I never once complained about my "pay" I was doing exactly what I wanted to do, and was paid appropriately for it.
I learned to live within that amount, In all my working career up to and including retirement , I never wanted for anything .
 
It's not about wages. It's about decent working conditions. I remember the 70's when the railroad workers had a plethora of benefits... IMHO... too many. And, they were paid well. The unions broke the Rock Island Railroad.

Over the past few years, the union has been negated by corporate greed. The new union contract has ZERO sick leave or family leave. Employees are required to be on call 24/7. The union is recommending workers not sign it. Democratic leaders in Congress are recommending the workers not sign it.

To see an additional hiccup in the supply chain will cause further damage to our economy. What is the answer? If the POTUS orders the workers back to work, will the railroads ever treat them fairly? I doubt it.

In the past labor disputes with the railroads, there were enough who would cross picket lines to keep trains running. If the rail employees stick together, there are no folks out there to fill the positions to do so, today. Revenue will stop. High compensated executives will see their income endangered.

Honestly, I think this will end pretty quick. Rails may be minus trains for a short while, but the pressures from shippers and travelers will escalate. The GOP will use it as a midterm talking point, saying the Democrats are further damaging the economy. The Democrats will use it as a midterm talking point, saying the GOP is standing with the corporate executives who donate to campaign funds and don't care about the workers. Everything, today, seems to require a partisan political jab at the opposing Party.
 
Big business needs to give their workers better working conditions now. They are the one's to be held accountable for their greed.
When big business gets a severe shortage of the kind of workers that they need it can sometimes be a wake up call. Here in the UK, following Brexit, many truck drivers left and went back to their respective countries. Our laws governing the licencing of truck drivers meant that you could not just give someone carte blanche to drive a heavy goods vehicle on a car licence. The cost of driver training is around three thousand pounds, not exactly pocket money for the average would be truck driver.

The exodus of truck drivers created a severe shortage in the industry. The answer? Pay them fifty-four grand.
 
The Secretary of Labor worked with the union and railroads, pounding out a negotiated settlement late last night. The workers get their sick leave benefits and most of what they were requesting. Trains will not stop running. This issue will not have a negative effect on the supply chain. So much better for all than having Congress force the workers back while negotiations would drag on for months. Great job on behalf of all those involved.
 
The Secretary of Labor worked with the union and railroads, pounding out a negotiated settlement late last night. The workers get their sick leave benefits and most of what they were requesting. Trains will not stop running. This issue will not have a negative effect on the supply chain. So much better for all than having Congress force the workers back while negotiations would drag on for months. Great job on behalf of all those involved.
This is very good news, if both sides accept the new deal. A 24% pay increase and improved health benefits will certainly lift the rail workers spirits and attitudes. I ride the rails whenever possible. It’s a great way to travel and can be fun. After I left the military, I seriously considered getting a job with a railroad company, maybe as a brakeman. I know it can be hard work and the weather isn’t always the best, but I have watched these men and women work as brakemen and I used to think I would like to do that. I think most of the training is done OTJ, which would be fine with me. That’s probably the best way to learn.
 
Railroad workers and truck drivers rank right up near the top in terms of "essential workers", If they were to go on strike, the store shelves would be empty within a few days, and when they came back to work it could take weeks to restock everything.
 
As I said in post #4 above, it is always about salaries.

As anticipated, they get a 24% salary increase plus benefits over and above the wage increase! But they always swear it is "not about the wages" See post #10 above. Did any of you get a 24% wage increase lately?

Problem is we all will pay for this cost via transportation costs of everything we need like food and close...and so the inflation continues...
 
Problem is we all will pay for this cost via transportation costs of everything we need like food and close...and so the inflation continues...
Inflation is showing no signs of slowing down. However, the stock markets are taking a major hit, and the housing markets are slowing way down. More and more of the "experts" are predicting a major recession in 2023....and that is probably what it will take to bring prices on consumer goods back down. Between the expected moves by the FED, and this inflation, I will not be surprised if the economy begins to Tank shortly after Christmas.
 
I ...thought I heard on the news...they were working on a resolution.
Hope it all works out for everybody.👍
The only way the government has ever helped resolve economic problems is to get out of the way by manipulating the economy! When the free market is allowed to work, the economy booms, if government puts limits, barriers, regulations, or in other ways manipulates the free markets...the economy suffers! Simple Economics 101!
 
this is alot of stuff

www.atr.org/biden-appointee-accelerated-looming-rail-strike-threatening-u-s-supply-chains/

www.aar.org/#

www.raillaborfacts.org/news/bargaining-status-faq-2022/

www.railroadworkersunited.org

www.dtnpf.com/agriculture/web/ag/columns/cash-market-moves/article/2022/08/22/shippers-fear-service-issues-harvest

www.freightwaves.com/news/class-i-railroads-to-suspend-security-sensitive-shipments-ahead-of-potential-strike

www.ble-t.org/news/largest-railroad-labor-unions-say-they-will-strike-if-quality-of-life-is-not-addressed-in-new-contract/

www.bnsf.com/news-media/customer-notifications/notification.page?notId=tentative-agreements-reached-with-all-unions-strike-threat-averted

www.up.com/customers/announcements/customernews/allcustomernews/index.htm

www.csx.com/index.cfm/customers/news/customer-news/labor-negotiations-update-for-customers/

www.nscorp.com/content/nscorp/en/service-alerts/labor-negotiations-and-service-update-.html

www.amtrak.com/alert/freight-railroad-labor-negotiations-possible-impacts-to-select-amtrak-service.html

www.ble-t.org

https://en.wikipedia.org/wiki/Brotherhood_of_Locomotive_Engineers_and_Trainmen

www.aar.org

https://en.wikipedia.org/wiki/Association_of_American_Railroads

www.bnsf.com

https://en.wikipedia.org/wiki/BNSF_Railway

www.up.com/index.htm

https://en.wikipedia.org/wiki/Union_Pacific_Railroad

www.csx.com

https://en.wikipedia.org/wiki/CSX_Transportation

www.nscorp.com/content/nscorp/en.html

https://en.wikipedia.org/wiki/Norfolk_Southern_Railway







and more
 
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