I got word from my cousin, who is a longshoreman. On October 1st, longshoremen will be shutting down all East Coast ports from Texas to Maine. Nothing will be offloaded from the ships coming into these ports.
While some goods may trickle in from the West Coast, you can expect prices of those goods to double, possibly triple.
The rising cost of goods will be blamed on the Biden/Harris regime. This could propel Trump even further. My cousin believes that this strike could last a month or more because no one is budging.
Stay safe frens.
"Nobody has any idea what that means, I'll cripple you, I'll cripple you" ... ILA President Harold J Daggott.
"First week it's on the news, 2nd week - car dealerships can't restock and start considering layoffs, third week - construction companies can't get lumber or steel, fourth week - malls and retailers start closing down due to empty shelves, all those jobs lost".
Mass layoffs, shortages in supply causing prices to skyrocket farther than they did during covid, etc.
Daggott even said, yeah, the President will enact xyz laws to force us back to work for 60 days but then it all falls to shit. It will be so much better for everyone if the guys making 100's of billions a year in profits just pay my guys what they are worth.
When this nation loses 43% of its imports and raw materials, prices will not rise a mere 57%. With west coast to east transport, you are looking at 400% increases in the cost of goods while 30% of the nation becomes unemployed. Couple that with 20 million or so illegal criminals' new arrival and we are not looking at a Merry Christmas.
Those dock guys make lots of money already.
And they should be making even more. Just like all of us should. Someone who made 80k per year in 1978 would be making 246k now. Why aren't we? What happened in 1971?
https://wtfhappenedin1971.com/
I think what happened was the idea that CEOs of companies were entitled to much more than the worker bees started gaining popularity.
Corporate greed, basically.
https://www.epi.org/publication/ceo-pay-in-2022/
I'm just going to point out that there seems to be a big shift in the attitude concerning wages in the US in a rarely short amount of time.
If back during the Great Recession someone were to complain about not making enough money and saying people should be getting living wages, they would be given a lecture on how Capitalism works, told to work harder, get a better job, go back to college, learn how to save money, and pull themselves up from their bootstraps.
But now you see even conservative people saying the wage imbalance in the US is ridiculous and making the same arguments that liberals were making during the Great Recession.
The plan of the [criminals] is to destroy the middle class.
The Federal Reserve artificially lowering and the raising interest rates, along with the feds overspending (with Kevin McCarthy making sure there is no more debt ceiling), is the one-two punch that has caused all the distruption.
Need:
Anything short of that is just mental masturbation.
....you are correct
Getting rid of income tax & the IRS would solve that raise issue.