How a rail strike could upend the economy
WASHINGTON – President Joe Biden, lawmakers and business leaders are warning of an economic crisis if the nation's rail workers go on strike as scheduled next week, a move that would have far-reaching effects on the entire economy.The railway workers will go on strike shortly after midnight on December 9 if an agreement is not reached before then. Biden is urging Congress to intervene. Without congressional intervention and with talks between workers and rail operators seemingly at a standstill, businesses across the economy are preparing for a complete shutdown of freight and passenger rail systems. With a shortage of truckers,…
