meta_pixel
Tapesearch Logo
Log in
WSJ Opinion: Potomac Watch

A Port Strike Threatens the U.S. Economy

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.22.8K Ratings

🗓️ 3 October 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

The International Longshoremen’s Association has gone on strike, shutting down East and Gulf Coast ports and raising fears of shortages and price increases. What does union head Harold Daggett want for his members? Plus, Joe Biden refuses to invoke a law to end the strike, while Donald Trump blames foreign shippers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Robert Halfe research indicates 9 out of 10 hiring managers are having difficulty hiring.

0:06.0

Robert Half is here to help.

0:08.0

Our recruiting professionals utilize our proprietary AI to connect businesses with highly skilled talent.

0:14.8

At Robert Half, we know talent.

0:17.1

Visit Robert Half.com today.

0:19.6

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

0:27.0

The strike by the Doc Workers Union that has shut down ports on the east and Gulf coasts of the U.S.

0:35.8

continues with no visible sign of progress.

0:38.8

Commerce is beginning to slow across the U.S. with an estimated economic harm of up to 4.5 billion dollars a day

0:47.0

according to J.P. Morgan. And the damage will begin to show for consumers in shortages and higher prices within a few days.

0:55.8

Could this affect the November election?

0:58.4

And what are we learning but Union politics in 2024 America.

1:03.3

Welcome, I'm Paul Gugo, editor of the editorial page

1:06.5

of the Wall Street Journal, and here

1:08.4

where we have the editorial pages daily podcast

1:11.5

called Potomac Watch. I'm here with my colleagues Alicia Finley and

1:15.3

Kim Strassal thanks both of you for being here. Both of you cover Union politics and

1:21.3

economics. The International Longshoreman's Association is the lead

1:25.4

actor here, Alicia, led by Harold Daggot, the 78-year-old union boss and to say that he's a

1:32.1

colorful character understates the case.

1:34.4

Let's listen to him talk to his striking workers.

1:37.4

Now you start to realize who the longshoremen are, right?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.