There is a strike on the verge of happening Tuesday Oct 1 that could cripple our economy and could leave store shelves bare by shutting down ports that handle 68% of our country’s containerized exports and 56% of containerized imports.
For every single day they strike it could take 6 days to catch up. Meaning just a 5 day strike could take a month to unload and load ships at ports up and down the East coasts and Gulf coasts!
The International Longshoremen's Association, representing 45,000 dockworkers from Maine to Texas at 14 different ports, contracts expire Sept 30th and they are demanding higher wages equal to other dockworker’s pay and guaranteed job security that they will not be replaced by automation and AI.
1977 was the last time they went on strike. That was long before America became dependent on foreign imports for food and necessary goods.
It’s very important to understand how critical this is given that America is now in a $36 billion dollar food trade deficit for the first time in our nation’s history.
Also, the Biden-Harris administration and Congressional out of control spending has driven inflation so high that many Americans can’t afford quality of life.
I think this situation is serious and could be a crisis going into the election, holidays, and winter depending if they strike and how long it lasts.
Retailers have been trying to stock up in preparation, but it’s always smart to be personally prepared just in case.
No comments:
Post a Comment