43 sats \ 13 replies \ @Cje95 30 Sep \ on: East Coast Port Strike Imminent econ
If its not ports on the West Coast I guess its ports on the East Coast... I have to say this cannot be what Harris wants to see right now since this is going to throw the economy for a loop depending on how long it lasts
I thought for sure the administration would have been completely focused on forcing a settlement weeks ago.
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I am shocked that they didnt pull the National Security card and do so... I mean didn't they force mediation with the West Coast ports?
Also any chance you just saw Sec. Raimondo on CNBC just now? She got so mad at those pesky numbers again proving her wrong!
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I thought there was talk of that last week?
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I found the deets!
According to WoPo
The White House has urged the two sides to continue bargaining in good faith, and says a supply chain task force is ready to help minimize the impacts. But officials have consistently said President Joe Biden does not plan to use his legal powers to try to force the parties to talk and end a strike, strengthening the union’s position.
and according to the AP
The U.S. Maritime Alliance says it filed an unfair labor practice charge with the National Labor Relations Board alleging that the International Longshoremen’s Association is not bargaining in good faith.The alliance said in a prepared statement Thursday that it filed the charge “due to the ILA’s repeated refusal to come to the table and bargain on a new master contract.”The ports are asking for immediate relief, an order requiring the union to resume bargaining.In an email, the NLRB said it is investigating the complaint. It’s unlikely that the board would make a decision until well after the strike deadline. The NLRB says typically it takes seven to 14 weeks to decide on the merits of a charge.
So from what I am getting.... nothing is going to stop it and likely it is going to go on for at least a couple of weeks leading to retail shortages again... Toliet Paper rush 2.0?!?!?
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My inner tin foil hat wearer says orchestrated emergency? QE? Election disruption? Why not utilize emergency powers?
Okay, I'm done. I'll be serious again.
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I was thinking about your health issues. You are an incredibly strong guy. I guess we all have to deal with what's in front of us. I wish you good health. Get some rest.
No. I don't watch CNBC often any more. Can you give us the gist of it?
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She was hyping up the economy and how the admin has "fixed" everything. Joe Kernan hit her with how wage growth is still compared to under Trump still being behind. She tried to play the pandemic card and he played it right back at her.
She claimed some stuff I am not sure is true as well that wasn't hit on like the US having the most manufacturing and building since WWII right now... somehow I feel like the 1950's with the highway system being built would have been bigger but she said it was at its highest. Also touched on how we are having a "feather" landing... I don't think we have landed yet since the inflation rate is still higher than the 2% Fed target so uhhh still plenty of time to screw it up esp with the number getting so close now.
When Joe hit her with the wage numbers she yelled "No" which is what made me tune in lol cause it caught me off-guard. She had nothing to come back with about it though and just sat there looking pissed as hell if we are being honest lol
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Apparently she wasn't properly prepped for Joe.