Why isnāt the administration scrambling to get CEOs to sweeten the deal.
Never mind, I forgot, corporate $$$$ for political campaigns.
iirc, the POTUS has the power to order workers back to work for a ācooling off periodā.
Congress prepares to act on rail strike amid fears of āeconomic catastropheā
(some folks) introduced a resolution to impose a new contract if negotiations between railroads and unions collapse, while (other folks) say they would pass legislation to block a rail shutdown if necessary.
The cooling-off period expires 30 days after the White House-appointed Presidential Emergency Board (PEB) released contract recommendations that call for 24 percent raises, back pay and cash bonuses.
The two largest railroad unions say their members wonāt vote for a contract based on those guidelines, which donāt address concerns about strict attendance policies. Railroads havenāt budged from their push to ratify the PEB proposal, arguing that itās a fair compromise.
Congress last voted to end a railroad strike 30 years ago. If they cannot agree on contract terms, lawmakers could simply extend the cooling off period to prevent a walkout.
But the Brotherhood of Locomotive Engineers and Trainmen and the SMART Transportation Divisionā¦demanding that the contract allows workers to take unpaid time off for routine medical appointments or family emergencies without being penalized under railroadsā attendance policies. Workers have complained for years that they struggle to secure time off and are subject to unpredictable schedules.
https://thehill.com/business-a-lobbying/3641261-congress-preā¦
Iām pretty sure Mr Market expects the government to keep the trains moving by dictate.
You know what happens when you force an unhappy worker to work? You get strict adherence to the letter of the rules, rather than a focus on getting anything done, and the pace slows to a crawl. Think we have had āsupply chainā snags until now? Just wait. Iām sure Mr Market would respond to the realization that workers can fight back with shock and horror.
Steve