Mining expert warns of ‘great damage’ to the economy if rail strike continues



Rich Nolan, National Mining Association President and CEO, discusses the potential impact of the rail strike on consumers and the U.S. economy.

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20 comments

  1. Handcuff the lazy workers to their trains….. until management can replace them with Saudi’s…… Saudi’s volunteered to fly planes … trains should be much easier to land

  2. Just creating more problems for the Republicans to fix when they take over

  3. We're not going to have diesel fuel in 3 weeks to run them with. Not even ships or big rigs or farm tractors will be running, and if there's any heating oil left it can't be delivered. Biden and his left wing loons are almost done destroying America, and the Obama behind the curtain has completed his promise to "fundamentally change America".

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  5. Thanks for this wonderful video. I have incurred so much losses trading on my own… I trade well on demo accounts but I think the real market is manipulated, can anyone help me out or at least tell me what I'm doing wrong?

  6. How on earth did I land on fox news? 😂😂😂😂

  7. Besides the other benefits included in the suggested contract, the negotiated 24% pay increase is not an up front total pay raise! The pay increase will be a single digit increase per year on a five year contract for a total increase of 24% over the five year period of the contract, on a contract that expired three years ago (supposedly with a new contract pending EVERY five years). Yeah, money can be good if your willing to sacrifice the rest of your life to the railroad, being on call 24 hours per day, weekends, holidays, missing family functions, births, weddings, etc. Don't make this issue sound more greedy on the part of the workers than it is! Railroads have profited greatly in the last three years by not negotiating a new contract in good faith, hence the need for government involvement due to national economic pressures.

  8. Stop asking what will it do to the economy if they strike and start asking how much more productivity and job satisfaction and unity among workers will occur if we can meet the most important demands. Stop the strike by responding positively to demands and admit you neglected improving the work environment of essential workers. You neglected their civil requests until the "strike" word was spoken. Is the open border policy about union destruction. Fire the qualified and hire untrained for cheaper and make more money.

  9. We must remember it was Reagan a Republican that destroyed the Air Traffic Controllers Union, in 1968. That action trickled down through all working conditions. Give the workers what they need. They are not making unreasonable demands. A fast food employee has sick days and can use their paid time off without fear of being fired. Rotate crews through on call times. Work with not against your workers and the railroad will make more money.

  10. Most to all Americans making over a 100k dont care most of them voted for biden along with alot of rhinos Republicans!

  11. The whole country is Derailing…….😉

  12. I’m sorry but… well let me say this first I’m a republican and will always be, but she doesn’t have a stinkin clue what she’s talking about. Not a clue!

  13. Where is the Transporation Secretary, Pete Buttigieg in all of this? Haven't heard a peep out of him.

  14. Build pipelines and wall

  15. You can’t have a good safe happy life with out your health. Not sure little kids who wanted to be a cop when they grew up will be inclined to want to work for the future of the railroad 🚆

  16. It won't take ask any rail worker the plan is nothing close to what they want.

  17. Look at the Dow Jones just crash.

  18. 5-10 hours a week at home where both your family and you are awake and actually see each other. Outside of that you are at risk of being fired what kind of life is that? Even for a 50-60% raise, the job is simply impossible for any wage.

  19. Its so worrisome, itll likely crash the economy, its so dangerous blah blah….. if so then why are the rail companies forcing this disaster!? This isn’t the workers, its the massively greedy rail companies that want this system to burn to the ground

  20. retroactive increase of 3% for 2020, 3.5% for 2021, 7% this year, 4% in 2023 and finally 4.5% in 2024. These increases add up to that 22% nominal number, with a compounded total of 24%.