Railroads: the "JCs" all agree

Which in this context is just tap dancing non sequitur since no one here is actually talking about physics. Language skills matter. Unless just being glib and off topic is what is being sought. Again, have a better day.

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Your lack of empathy is outstanding Capt.

The country’s attitudes towards labor were different in 1981. While the baby boomers have not really figured out life en mas, the Z’s and Millennials have watched us and get just how wrong we are about literally everything. I am speaking for the first person delusional enough to say speak for yourself. :rofl: :rofl: :rofl: The next larger generations do not want an empty promise.

Yeah, they sure were. The Professional Air Traffic Controllers Association (ph), PATCO, was protesting what they considered to be unfair wages and long work hours. They walked off the job. And two days later, on this day 40 years ago, Reagan fired more than 11,000 of those who hadn’t crossed the picket line. And that dealt a serious blow to the American labor movement.

This was a sad day for Labor unions. If all the unions would have walked off the job then it would have put a nail in Reagan’s presidency. But because they all stood alone they pretty much put the nail in the labor movement in the United States.

Andy

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Think about this Leap1, in 1981 the baby boomers were not leading the labor unions. It was the Silent Generation and boy were they silent LOL.

Andy

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Andy the new deal and Truman’s attitudes were very crude. Ike was ridiculed as too laid back. Ike was a gentleman. People did not want to let that stand.

The angry mob is the rule in American politics. That is what democracy is. We have a republic that has to compromise.

My thumb is hard on that scale. It will remain hard on the scale. I do not like mistakes made by people who are cheap. It costs all of us.

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For those interested in a smidge of recent history which shows how the railroad contracts and duties got to where they are today, here’s a WaPo article which explains it pretty succinctly:

Some industry experts and union officials say the companies no longer have enough workers to cover for absent colleagues because of the switch in recent years to “precision scheduled railroading,” a system designed to improve efficiency and cut costs. Instead of running trains that carried just one type of product — which left trains waiting for long stretches before they had enough load to depart — rail companies now have more trains carrying a mix of goods on a set schedule. Fixed scheduling allows them to use the same crew more often than they could have under the old system.
n

And what happened?

From November 2018 to December 2020, the rail industry lost 40,000 jobs, according to a [report] by the Bureau of Labor Statistics. The bureau described precision scheduling as possibly the “most widely accredited reason for the decrease in rail transportation employment,” although the pandemic, uncertainties in trade and a decline U.S. coal usage also hurt the industry.

Wall Street at the time cheered the transition to a new system. In 2019, Norfolk Southern and Union Pacific stocks rose 30 percent, and shares of Kansas City Southern jumped more than 60 percent.

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Norfolk Southern Corp reported a lower-than-expected fourth-quarter profit on Wednesday as U.S. railroad operators struggle with labor shortages, service problems and high fuel prices.

The U.S. railroad industry has faced severe criticism from shippers and the U.S. Surface Transportation Board for cutting staffing in pursuit of a leaner operating model, which left operators struggling to fulfill demand.

On Tuesday, peer Union Pacific Corp also reported a weaker fourth-quarter profit, hurt by delayed shipments amid labor shortages and a winter storm that crippled freight operations across the country.

hm Paring labor to the bone might affect CEO stock options. This is a CRISIS!

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Maybe a really Shiny SCOTUS will overturn all the US labor laws, so the unions can be broken and draconian cuts made in pay and benefits, so the roads can have their labor, and push CEO compensation to new heights.
/sarcasm

Steve

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