An economy that is deglobalizing will become less productive, at least for some years. So the rebalance must come through a shift in the distribution of America’s economic pie from capital owners to laborers, which lifts inflation…

This week’s intervention by Democrats in Congress to limit our rail worker’s negotiation ability demonstrates that even our labor-friendly party does not have the stomach for the resurgence of union power.

https://www.zerohedge.com/markets/even-our-labor-friendly-party-does-not-have-stomach-resurgence-union-power

AND

He Turned His Back”: Rail Workers Fume After Biden Forces Unions To Accept Deal