The issue of port strikes

CN
Lanli
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1 day ago

The port strike can also be understood as a continuation of inflation in the United States, as the slowest and most stubborn aspect of inflation is wage inflation.

The Democratic Party is introducing non-immigrants to solve the inflation problem, but non-immigrants can only work in the black market and cannot enter positions at the docks that have qualification requirements.

Port operations are directly related to imports and exports, and when measured in dollars, U.S. imports and exports are growing. This creates an inherent motivation for wage increases.

From a long-term perspective, this is a typical case of a virtual economy squeezing the real economy. As overall wages continue to rise, the U.S. real economy loses its competitiveness.

It is estimated that at some point, even tightening a screw on a phone will cost $10, and by then, you can be sure that U.S. manufacturing will be completely out of business.

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