U.S. Supply Chain Shuts Down Before Holidays?

This is not good.

As you already know, there is a potential rail strike under way which, if it happens, will cause a massive supply chain issue that will devastate the holiday season like never before.

Railroad workers are demanding from railroad companies for better pay along with more sick days and a number of other small changes.

President Biden has already intervened to try and prevent it however nothing has changed yet.

Now, Republican Senator Bill Hagerty believes that there is a very real chance that the strike does happen in the middle of the holidays.

In transcript provided by Breitbart, Fox’s Maria Bartiromo asked Hagerty, “The president tried to act as if he had some kind of a tentative deal before the midterm elections, but we now know that four of the unions have rejected a deal which gave them, by the way, a 24% raise, but only one paid sick day. Senator, what is the likelihood that we have a rail strike right in the middle of the holidays?”

Hagerty replied, “I think it’s highly likely, Maria. I mean, you hit the nail on the head. The union bosses basically forced their union members to buck up and accept this deal just to get them through the…midterm elections. But now we’re seeing the reality of it. They only offered one additional work day — one additional sick day, I should say. The unions were asking for 15. That’s a big, big gap. Joe Biden declared victory, again, before the midterm elections. This was all, I think, part of the plan. But what we’re seeing now, the whole thing is coming unraveled and it’s going to be a real crisis, a $2-billion-a-day economic impact if you believe the economists’ estimates. I actually think it could be much greater, because if you look at the knock-on effects on supply chains, it will be significant.”