Biden’s Message: Collective Bargaining Works for Economic Stability

Thursday, 3 October 2024, 23:49

Biden’s declaration that collective bargaining works comes after a pivotal agreement to end the port strike. This deal emphasizes the importance of fair labor practices in boosting the economy and will enhance the livelihoods of port workers.
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Biden’s Message: Collective Bargaining Works for Economic Stability

Biden Declares ‘Collective Bargaining Works’

President Biden on Thursday hailed the agreement made between the International Longshoremen’s Association (ILA) union and the U.S. Maritime Alliance (USMX) to end the port strike. He argued that collective bargaining works and is essential to the economy.

“Today’s tentative agreement on a record wage and an extension of the collective bargaining process represents critical progress towards a strong contract,” Biden stated. He has consistently supported striking workers.

Importance of Collective Bargaining

Biden emphasized that collective bargaining works and is vital for building a stronger economy from the middle out and bottom up.

The ILA announced Thursday night that the USMX agreed to boost pay for port workers, leading to an immediate return to work. The president praised all parties for uniting to reopen the ports.

  • Biden congratulated the ILA dockworkers, stating they deserve a strong contract.
  • He acknowledged their sacrifices during the COVID-19 pandemic.
  • Port operators and carriers acted patriotically to ensure ports could reopen swiftly, especially after Cleanup post-Hurricane Helene.

The two-day strike posed serious potential consequences for the U.S. economy and brought political challenges for Biden and Vice President Harris.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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