On Monday, nearly 50,000 workers at 36 ports with the International Longshoremen’s Association began striking, the latest failure of Biden-Harris economic policies.
The workers are demanding higher pay, a backlash against the record 20% cumulative inflation under the failed leadership of President Joe Biden and Vice President Kamala Harris.
This strike could have major inflationary effects as it affects a shocking half of the country’s goods. Depending on the severity of the strike, it could play a major role in November’s elections—an October surprise, of sorts.
A prolonged strike could create price spikes, even as inflation and elevated prices starting in 2021 are still hurting consumers. That would unfold as wholesalers and retailers are already expected to pass higher transportation and shipping costs to consumers.
It’s no secret that Biden and Harris’ White House has been an economic disaster for all Americans, especially for low-income and middle-class Americans, because inflation is essentially a tax. Poorer and working-class Americans are hit the hardest because they spend a greater proportion of their incomes on consumer goods.
Depending on how long this strike lasts, it could have a significant impact on family budgets. Under the strike, cargo stuck in ports doesn’t make it to store shelves, leaving fewer options and supply chain disruptions. Fresh and perishable foods could be lost.
Former President Donald Trump noted the contrast in a statement released after the strike began: “The situation should have never come to this and, had I been President, it would not have. This is only happening because of the inflation brought on by Kamala Harris’ two votes for massive, out-of-control spending, and her decision to cut off energy exploration.”
As economist Stephen Moore notes, during Biden’s nearly four years in office, inflation is up roughly 20%, but during Trump’s four-year term, inflation rose a much smaller 8%. As other observers noted, while protectionism can raise prices and should be avoided, Trump’s relentless focus on building American-made goods also protects against the shock of disruptions to foreign-produced supply chains. And protectionism is not the same as ensuring that foreign countries engaging in unfair trade practices are held directly accountable.
“Americans who thrived under President Trump can’t even get by because of Kamala Harris. This strike is a direct result of her actions,” Trump continued. “American workers should be able to negotiate for better wages, especially since the shipping companies are mostly foreign-flag vessels, including the largest consortium ONE.” (The Singapore-based ONE is the sixth-largest shipping company in the world, according to Politico.)
The strike could cause furloughs and job losses because jobs connected to ports could be affected, including truckers delivering goods, warehouse workers, manufacturers, and other workers dependent on the ports. These workers could be furloughed or let go if the strike is prolonged.
That’s why it’s not surprising we are witnessing generational shifts among blue-collar workers, including Teamsters union workers (breaking from their union leadership), trending toward Republicans like Trump. It’s because Harris’ policies–which are indistinguishable from Biden’s policies, according to the White House—are a disaster for working-class Americans, and the dock strike is a case in point.
This generational shift is a significant blow for Democrats, who have taken organized labor for granted for decades. Over the past 10 years, the Republican Party has shifted to the working-class party in many areas. This came following record household wealth and income gains seen under the Trump administration (prior to COVID-19 shocks) among women, black, Hispanics, and Asian Americans. These gains came thanks in part to the 2017 tax-reform bill passed by a Republican Congress and signed into law by Trump.
In the battleground state of Arizona, new polling from Suffolk University and USA Today found that 29% of black voters are going to vote for Donald Trump. That’s a significant shift away from Democrats for black voters, with Harris garnering only 67% of black support in that state. (Historically, nationally, black voters often break 90% or more for Democrats.)
Nationwide, including projections for all battleground states, RealClearPolitics’ estimates place Trump with 281 Electoral College votes and Harris with 257, with 270 needed to win. The dock strike could continue to shift those trends further toward Trump, what with Harris’ inflationary policies.
Carrie Sheffield is a senior policy analyst at Independent Women’s Voice.
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This article was originally published at www.dailysignal.com
