EPISODE · Jul 18, 2023 · 20 MIN
$7 BILLION Gone In 10 Days?! What Happens If UPS Workers STRIKE Nationwide? | The Left Wing 11.2
from The Left Wing · host The Left Wing
A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions. The estimate from Anderson Economic Group said the hit to businesses and consumers would be $4.6 billion by itself, causing “significant and lasting harm for small businesses, household workers, sole practitioners, and online retailers across the country.” Other costs include estimated direct losses at UPS of $816 million, as well as $1.1 billion in lost wages by 340,000 members of the Teamsters union at the company. The remaining costs would be born by UPS suppliers and from lost tax revenue. ******* We discuss why UPS workers are potentially going on strike, whether their demands make sense & why this story is so important to the entire country ******* Related article: https://www.cnn.com/2023/07/14/economy/ups-strike-economic-impact/index.html Our Guest For This Week: TJ: https://www.tiktok.com/@poweristakennotgiven *** The video of the episode is attached for all Spotify users *** Follow - The Left Wing: YOUTUBE: https://www.youtube.com/@TheLeftWingPod Follow - Counterpoint Politics: INSTAGRAM: https://www.instagram.com/counterpoint_politics/ Follow - Cocktails & Capitalism: INSTAGRAM: https://www.instagram.com/cocktailsandcapitalism/ Follow - Independent Thought: INSTAGRAM: https://www.instagram.com/independentthought/?hl=en
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$7 BILLION Gone In 10 Days?! What Happens If UPS Workers STRIKE Nationwide? | The Left Wing 11.2
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