They will go back to talks with a 62% wage increase promise…..
Removing a issue from President Biden and the Harris campaign….
The International Longshoremen’s Association had been seeking a substantial wage increase and a ban on the introduction of additional automation at 36 East and Gulf Coast ports…..
Yup…..
President Biden on Thursday hailed the agreement made between the International Longshoremen’s Association (ILA) union and the U.S. Maritime Alliance (USMX) to end the port strike, arguing that collective bargaining works and is essential to the economy.
“Today’s tentative agreement on a record wage and an extension of the collective bargaining process represents critical progress towards a strong contract,” Biden, who has stood behind the striking workers, said in a statement…..
More…
Very good news for Harris.
If the strike had continued there was the possibility of shortages of certain products and concurrent price increases which would have given Trump ammunition to reignite the inflation issue which has begun fading of late.
The guys will get a significant raise which will be passed on to the consumer…..
But?
Keeping the strike going wasn’t gonna help anyone