LA Port Strike

It cost the U.S a billion a day

http://jobs.aol.com/articles/2012/1...d10|htmlws-main-bb|dl31|sec3_lnk2&pLid=241771

Should have brought in strike breakers day 1

interesting..

I got to meet some of the key west coast organizers for the Longshoremen during Occupy Wall Street. They don't seem to have gotten the message that labor was supposed to have lied down and died years ago. Good guys.

http://www.huffingtonpost.com/james-bryson-hyatt/la-port-strike-billion-dollars_b_2240509.html

But has it really a-billion-dollar-a-day bad?

Not according to international trade economist Jock O'Connell, who says he's likely the source of that poorly-contextualized estimate.

KPCC reporter Ben Bergman actually bothered to do his homework. Turns out O'Connell had mentioned in an early-days strike story the ports handled about a billion dollars worth of materials a day -- which isn't at all the same thing as costing our economy that same amount.

"That was not what I meant. Clearly the billion dollars or so of cargo that would have moved through the port had it been open is not going be dumped into the harbor," O'Connell told Bergman this week.

It's true -- no one knows the strike's exact cost. That might not be known for weeks, possibly months. Again, it won't be great news for the economy.

Even if it's going to be bad news, let's at least be accurate.

Where's Reagan when you need him.

Well it would be good for America if the labor mafia did die.

Two of the most parasitic groups in the country OWS and Labor Unions

koalabear said:

Where's Reagan when you need him.

Click to expand...

He's right where we need him.

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Force the back to work. Then work to meet there demands. That's akin to terrorism.