well Jake Novak a brilliant columnist and producer you should make sure you follow them on

Twitter it's Jake Jake NY at Twitter Jake Novak how you doing I'm doing okay I'm happy we don't have

a big railroad strike but you know it's not going to be for free, Mark.

We're going to be paying more anyway.

It's just it'll be meted out over time instead of overnight tomorrow.

So I guess we should be happy about that.

But the settlement Joe Biden imposed there, 25%. That's a big increase for our union, isn't it?

Yeah.

You know, remember, before he was vice president,

one of Joe Biden's many nicknames was the senator from Amtrak. You know, he was always the guy

who was talking about being on the rails and how important that was and all of that. So this,

there was a lot at stake for him personally here. You know, despite the fact that most of the news media,

most, was ignoring this big story, because it would have been a huge story. A lot of Americans would have woken up

tomorrow if the strike had happened and wondered why the networks were covering the Queen's 17th

redundant service, you know, for six days and not telling them that their gas prices and their food

was going to be running out. So he had a lot of stake because it wasn't just as president, but also as a guy who had always been a big promoter of the rails. But as you say, remember, it's still inflationary. That's why the markets aren't going crazy cheering. Now, the railroad companies are having a little bit of a relief rally. But if you look at the stock market today, it's basically mixed and down for the most part. They're not celebrating really because, you know, they're worried about inflation and they know that these increased costs for the rail companies will be passed on to us. Now, again, it won't be overnight. It won't be like, you know, we're not going to see it tomorrow necessarily. But that's a big raise, and that means we're going to pay for it.

We'll pay for it at the grocery store.

We'll pay for it at the pump.

We'll pay for it in a lot of places. And the markets are desperate for better inflation news. And when they didn't get it earlier this week, that's when we had that 1,200 point loss on the Dow. Yeah. Now, there is nothing on the horizon, I mean, maybe a Republican victory, but I'd say that. There's nothing on the horizon that mean maybe a republican victory but i'd say that there's

nothing on the horizon that anybody thinks is going to pull us out of this mess so uh what's going to

happen well that's what's so frustrating you know you hear so many people saying including conservatives

well you know the only way to stop inflation is to crash the economy. I wholeheartedly

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