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As the nation's retailers, manufacturers and farmers brace for possible port closures, the...

As the nation's retailers, manufacturers and farmers brace for possible port closures, the International Longshoremen's Association is facing its first strike in over 35 years. The standoff is boiling down to a test of wills between some of the world's biggest cargo operators and one of the nation's strongest labor unions. "The shipping industry is trying to take back some of the power," says economist John Husing, "but they are up against a union that has abnormal power for its size and one that is in a very strong position."
Comments (6)
  • SoldHigh
    , contributor
    Comments (1000) | Send Message
     
    $100k+/yr isn't enough for Big Labor?
    24 Dec 2012, 03:38 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Well people should be saving more of their money. I guess if the unions shut down the ports, people will be forced to save, because there will be no Chinese imports to buy.
    24 Dec 2012, 04:39 PM Reply Like
  • phxcrane
    , contributor
    Comments (415) | Send Message
     
    If any union ever needed to be broken. Its the longshoremen. A bunch of thugs.
    24 Dec 2012, 06:16 PM Reply Like
  • JohntheOld
    , contributor
    Comments (162) | Send Message
     
    SoldHigh: is $100K enough for management that does not load one cargo box?
    25 Dec 2012, 12:10 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    Management has legal liabilities; labor doesn't.
    25 Dec 2012, 06:59 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    If the goal of unions is to protect workers from unsafe practices or from being taken advantage of, then they have a place. However, it is also true that when unions reduce the company's flexibility in dealing with workers then the workers become less valuable and hence worth less money. This is just basic simple economics.

     

    Since workers are now protected by the government, there is simply no place for unions in America or in Government. The goals overlap and we don't need both. But we all know that protection is not the union goal, only the excuse. Unions exist largely to extort money from the government and companies. Today they only insert extra cost into the final product. In the end, the union cannot protect the worker from job loss or pension loss. And all unions will be greedy to the point of company failure. It's just their way.
    26 Dec 2012, 09:28 AM Reply Like
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