‘Devastate our economy’: Some estimates suggest freight rail stoppage could cost the US economy $2 billion per day
“Without freight rail, many US industries would shut down. My economic advisers report that as many as 765,000 Americans – many union workers themselves – could be put out of work in the first two weeks alone. Communities could lose access to chemicals necessary to ensure clean drinking water. Farms and ranches across the country could be unable to feed their livestock.”
He said senior figures in his administration believed, following talks to unions and employers, that there was “no path to resolve the dispute at the bargaining table and have recommended that we seek congressional action”. The key sticking issue for the rail workers would appear to be points-based attendance policies that penalised staff for taking time off when they were sick or for personal time.
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