Summer Of Strikes? 650,000 American Workers Threaten To Walk Off Job (Bidenomics On Parade!)

Confounded Interest ^ | 07/23/2023 | Anthony B. Sanders

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Joe Biden loves to tout “Bidenomics” which is a top-down command economy model with massive Federal spending directed primarily at green energy. But remember that a pillar of Bidenomics is support for labor unions. But “Union Joe” will be remembered as “Inflation Joe” as inflation remains hot. But now the labor unions are threatening to stall the recent rise in real weekly earnings (finally above 0%!).

Tensions between employees and employers are heating up this summer. Bloomberg reports 650,000 workers threaten to walk off the job and picket in the streets to secure improved benefits, wages, and other conditions amid the worst inflation storm in a generation.

Unionized workers have taken advantage of upcoming contract expirations with companies to bargain for better wages and benefits. Many unions say companies can boost wages because profits have been off the charts.

This summer might go down in history as the “Summer of Strikes” because 650,000 American workers are threatening to walk off the job imminently (some have already hit the picket lines):

So far, strikes have not had a broad economic impact, but that could change overnight. Increasing labor actions are happening across the Western world, also in Europe, for the same reason in the US, due to a cost-of-living crisis sparked by high inflation.

Under O’Biden (the combined reign of economic errors) of Presidents Obama and Biden), we don’t see any strike breaking for the good of the economy. Rather, the Biden Administration will be missing in action (or sending in Kamala Harris or Transportation Secretary Pete Buttigieg to do … nothing.

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And the Day of Reckoning is coming with all this.