Just what we need economically – not:
One of the unions representing rail workers said Wednesday that its members rejected a proposed deal with rail carriers and voted to move forward with a strike that could have severe consequences for the U.S. economy.
The International Association of Machinists and Aerospace Workers issued a statement saying that roughly 4,900 of its members turned down the tentative agreement with the National Carriers’ Conference Committee (NCCC) representing railroads, but noted that they would hold off on striking for at least a few weeks while other unions continue their talks…
IAM is one of four unions that remain holdouts on the deal put forth by the presidential emergency board (PEB) appointed by President Biden. Another eight rail unions have agreed to the plan.
Two other major rail unions signaled over the weekend that they would not sign on without further concessions from railroads. The leaders of the Sheet Metal, Air, Rail and Transportation Workers (SMART) Transportation Division and the Brotherhood of Locomotive Engineers and Trainmen (BLET) Teamsters Rail Conference issued a joint statement Sunday saying that the PEB proposal does not go far enough to improve working conditions for members.
The Association of American Railroads (AAR) says the strike would cost the nation more than two billion a day.
A lot of articles say the strike may happen this Friday, but I tend to doubt it. There’s a lot of negotiating occurring, and the Democrats have a very very strong interest in delaying this because it’s almost a certainty it would hurt them politically.
The labor dispute that could lead to the first national railroad strike in 30 years could begin as soon as this Friday. About 60,000 union members who work for the railroad are set to go on strike, including the engineers and conductors who make up the two-person crews on each train. Even though 45,000 other union members belong to unions that have reached tentative deals with the railroads, a strike by engineers and conductors would bring the freight rail system, which carries nearly 30% of the nation’s freight, to a grinding halt.
Also:
Democrats in Congress have promised to pass legislation to extend a deadline, an act within Congress’ power, if a deal can’t be reached. This is a test to see if the Democratic Party is controlled by moderates or the leftists like progressive Rep. Pramila Jayapal (D-WA) with the backing of Squad leader Rep. Alexandria Ocasio-Cortez (D-NY). It seems unlikely that the Democrats in the Senate, with Socialist Sen. Bernie Sanders (I-VT) who just last week rallied with striking British rail workers, will agree to a deal opposed by some union leaders.
Interesting times.
