What’s “unacceptable” is that essential workers are seeing their purchasing power & standard of living destroyed by the Fed’s debasement of the currency, and inflation rates far in excess of what our lying, Soviet-style CPI stats say it is.
Transportation Secretary Pete Buttigieg said that a potential national rail strike ‘is not acceptable’ after unions representing more than half the country’s freight rail workers rejected new contracts and threatened a walkout in early December.
‘Our goal right now is to make sure that doesn’t happen,’ Buttigieg said in an interview with NewsNation host Leland Vittert, which will air in full on Tuesday night’s episode of On Balance.
‘We’re urging the parties to get to the table and to do whatever it takes to prevent a shutdown. A shutdown is a scenario that is not acceptable.’
One of the biggest rail unions rejected its deal with management on Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid sick time.
That raises the risk of a strike, which could start as soon as December 5, and which industry groups estimate would cost the economy $2 billion a day and severely disrupt supply chains for food, raw materials, and retail goods.