Andy Schectman Reveals How The ILA Strike Will Cripple The Economy

SPECIAL GUEST

Andy Schectman

President of Miles Franklin 

Follow Andy on X – @MilesFranklinCo

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• Cost us a minimum $5 million a day.
• Demand side shock during COVID.
• There was more demand.
• If this goes longer than a week we will be in crisis. 
• We are so far behind w/ technology in our ports and infrastructure.
• You can automate a lot of that port and the system.
• The workers are saying we won’t stand for it.
• There are 85,000 workers.
• This is not a good thing at all and I don’t think the government will get involved at all.
• Port workers..they vote too.
• So this is a big deal happening right before a big presidential election.
• Who is the boogyman that the ILA is negotiation with?
• Is it the companies that own the ports?
• Who pays these guys?
• Port Authority which is a public organization.
• Not many ports are privately owned.
• These workers have the upper hand here.
• Where is the media on this?
• There is total and complete devastation and the MSM isn’t covering it.

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