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2022-09-15 Economy
Late night strongarm by Biden leads to Railroad union agreement
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Posted by DarthVader 2022-09-15 09:51|| || Front Page|| [10 views ]  Top

#1 Sweet deal for the unions. Expect transport costs to skyrocket in a stagflation economy.
Posted by DarthVader 2022-09-15 09:53||   2022-09-15 09:53|| Front Page Top

#2 C'mon, man. You don't expect me to believe that Joe had the strong arm...especially late at night.
Posted by Abu Uluque 2022-09-15 12:18||   2022-09-15 12:18|| Front Page Top

#3 This may be wrong but I read that the tentative agreement included the RRs giving workers UNPAIDED sick leave as a concession.

Unions still have to vote on it. I'm not sure if I was a union guy I would consider this much of a concession since most unions get paid sick leave.
Posted by Lord Garth 2022-09-15 14:07||   2022-09-15 14:07|| Front Page Top

#4 Key words here , "tentative agreement". Friday is the day.
Posted by Dale 2022-09-15 14:39||   2022-09-15 14:39|| Front Page Top

#5 GDP Now measured by the Atlanta Fed is only +0.5 as of a few days ago

If there were a RR strike, even if only a few days, this would have guaranteed a GDP for 3Q that would be solidly negative - and that would have likely cost the Dems a half dozen House and one or two Senate seats.

The 3Q GDP might still be negative, even with a settlement, but only by a bit less than 1%.
Posted by Lord Garth 2022-09-15 15:42||   2022-09-15 15:42|| Front Page Top

#6 Lord Garth they already have unpaid sick leave.
Posted by Deacon Blues 2022-09-15 16:24||   2022-09-15 16:24|| Front Page Top

#7 What do the RR workers make per hour?

Posted by Seeking Cure For Ignorance 2022-09-15 20:06||   2022-09-15 20:06|| Front Page Top

#8 Speaking of late night, many many cars pulling into the Dallas FBI Deep State Office parking lots. Something big about to go down. Probably more raids on President Trumps voters.
Posted by Sloluse Slutle9788 2022-09-15 20:43||   2022-09-15 20:43|| Front Page Top

#9  What do the RR workers make per hour?

According to the Bureau of Labor Statistics, in 2021 median pay for railroad workers was $64,150 per year/$30.84 per hour. Required education is a high school diploma.
Posted by trailing wife 2022-09-15 22:31||   2022-09-15 22:31|| Front Page Top

#10 I heard BNSF stands for Better Not Start A Family....
Posted by Thing From Snowy Mountain 2022-09-15 22:45||   2022-09-15 22:45|| Front Page Top

23:01 Canuckistan sniper
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