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Belle of the Ranch

Let's talk about a possible railroad strike....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 16 September 2022

⏱️ 7 minutes

🧾️ Download transcript

Summary

Let's talk about a possible railroad strike....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet People Lidsboo again. So today we are once again going to talk about

0:06.6

the supply chains and what happens if the train stops because there is a potential railroad strike brewing.

0:15.0

It could start as soon as Friday, but that seems a little unlikely.

0:21.0

We have talked in the past about what happens if the truck stop.

0:26.2

We talked recently about the possibility of a UPS strike and how much that impacts the supply chain. A freight train strike is that times 10.

0:38.4

It's huge. It's a really big deal.

0:43.9

So the narrative is shaping up to say there's going to be a strike on Friday. And that is possible, but an immediate work stoppage seems unlikely.

1:01.0

Now the railroads, the management, and because there are so many players involved here,

1:06.3

so many multiple unions and railroad companies, we're just going to simplify this.

1:11.0

Unions and management, management meaning meaning the boss the railroad companies

1:16.8

the railroad companies

1:18.3

the railroad companies they

1:19.8

probably would like the federal government to step in.

1:24.0

Now recently, at the beginning of this week, they kind of came out and were like,

1:29.0

yeah, we're already, you know, telling people who are going to ship hazardous material or stuff that needs to be

1:36.9

secured, we're going to go ahead and tell them to stop.

1:40.8

The unions believe that this is them putting the shippers, the consumers, and the supply chain at risk in an effort to pressure the federal government to step in and make sure there isn't a strike.

1:58.0

Now, Biden can't stop the strike.

2:01.0

There's a thing called a cooling off period, but he already used it. the to act. I think that's what management might be kind of banking on right

2:19.1

before a midterm in a period where labor sentiment is running high, I'm not so sure that Congress is

2:29.2

going to push that through, certainly not always pay that is

2:35.0

once again as we talked about before it's not always pay that is triggering

...

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