Longshoremen's strike poses a fresh threat to the US economy
Briefly

An East coast port strike could cost the US economy more than $1 billion for each day it continues.
A powerful union seeks to strangle innovation that would benefit everyone else: Robots can do most dock-cargo work better, faster and cheaper.
The walkout by 85,000 ILA dockworkers would slam the US economy just before the November election, adding extra inflationary pressures and potentially leaving store shelves emptier.
It likely can't make the United States Maritime Alliance agree to never automate, while pay hikes to bribe the ILA could be inflation-drivers in their own right.
Read at New York Post
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