TRACK TROUBLES: Rail unions can hold America 'hostage' with negotiations, expert says
Former Texas Railroad Commissioner Ryan Sitton predicts what a potential rail strike will do to the already struggling American economy on ‘Mornings with Maria.’" Friday, former Texas Railroad Commissioner Ryan Sitton warned of the disastrous impact of a potential rail strike on the industry and struggling U.S. economy.Well, let's take just one thing that railcars move a lot of, coal.
FILE - In this July 27, 2015, file photo, a BNSF Railway Company train is parked in Seattle on Thursday, Aug. 18, 2022.So, unfortunately, you've got kind of a monopoly here. And that monopoly, which is the labor unions, are controlling a massive part of our economy and has the ability to hold America hostage, if you will, through these negotiations. And so, look, I'm all for every American out there trying to get better pay, better benefits, and better conditions at the same time.
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