President Biden emphasized the importance of fair collective bargaining for longshoremen, stating that they've earned a meaningful wage increase for their essential pandemic work, while profits soared.
The labor dispute impacts the U.S. economy significantly, as a prolonged strike could cause shortages and price hikes, putting Biden and Harris in a politically sensitive position.
Despite Republican pressure to intervene and end the strike through the Taft-Hartley Act, Biden has refrained, concerned about alienating unions before an election.
Biden's stance showcases a delicate balance between supporting workers' rights and managing the political fallout ahead of critical elections, reflecting a complex labor landscape.
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