Trump’s trade war policies are going to push us into a recession and this will be the best deal we will see for quite a while.
If this TA gets voted down, the company will be able to withdraw their offer and then we are negotiating in a much worse economic climate.
To draw out talks and go back to the drawing board for just marginal improvements is foolish, in my opinion.
Not only could the company lower their monetary stance, but the following will also happen if we drag this out:- We will still have a healthcare plan that’s outside of a CBA. Yes, this plan still stinks, but I would rather have a lousy health care plan within the CBA than outside of it during an economic downturn.
- We will not have scope codified in a CBA.
- We will not have 15% 401k match.
I'm taking the deal. A bird in the hand is better than two in the bush.
Here are some facts:
- Oil is up 45% since Trump took office.
- Iowa pork producers are on track to lose over $500 million this year.
- Harley Davidson is moving production from Kansas and Wisconsin to overseas factories to get around tariff retaliations imposed by other nations. Polaris (Indian motorcycles, snow mobiles, etc) is following suit.
- Next up, Trump is going to go full-blown trade war in the auto sector. (Brace for impact)
- Bourbon distillers are readying for 25% tariffs slapped onto their products.
- Kentucky dairy farmers are selling out and closing down.
- Wisconsin cheese makers aren’t sure how they’re going to make up the lost sales.
The economic recovery and bull market which followed the 2008 meltdown was stretched and getting really long in the tooth by any measure. Inflation is picking up and interest rates have started to creep up. Then Trump decides on a full-blown trade war, which nobody wins.
The deal on the table is good enough, for now. I'm taking the money. Trump is clueless and vindictive and we are all gonna pay dearly for it. This is just my opinion and obviously not everybody will see things this way. Everybody needs to make their own informed decision. I’m voting Yes.
In Unity,
Sun Tzu
PS I’m not on blue pilots but if anyone wants to copy and paste it there, feel free.
PPS No, I’m not a “company plant" who just joined this board to get this so-so deal to pass. I’m just a dork who has way too much time on his hands and spends it reading about cheese farmers in Wisconsin.