Wow. The UAW set the standard for less work and more pay, but now the ILA, representing Longshoremen, is demanding a 77% increase in pay over six years with a ban on automation, technology that makes the world's ports vastly more efficient than ours. Piling on are the Boeing machinists, demanding a 40% pay increase and generous pension plan contributions from a company that has lost $25 over the last six years, according to the WSJ. I’m sure Airbus is most appreciative of their union’s efforts. Following their lead, 5000 machinists at Textron, who make Cessna and Beechcraft airplanes, have walked off the job after rejecting the employers offer of a paltry 26% pay increase, a $1500 annual COL increase, a lump sum payment of 3 grand and an extremely generous 9% 401K match. Who in the private sector wouldn’t jump at a 26% pay increase, let alone have the intestinal fortitude to ask the boss for a 77% raise? We need to keep manufacturing in America, but at what cost? If a business cannot remain profitable, and in the face of exorbitant wage increases, inflation, and a Harris Administration threat to increase corporate taxes, American manufacturing will indeed flee to business-friendly shores abroad where wages are lower, and government overreach is held in check.
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