PolitickerNJ Wire Feed
(NEWARK) - Assembly Commerce and Economic Development Committee Chair Albert Coutinho (D-Essex) on Friday urged both sides to work in good faith to reach an agreement to avoid a longshoremen's strike that could cripple the region's economy.
"I am extremely concerned about what appears to be an imminent strike on the ports of the eastern seaboard and the Gulf of Mexico. A strike at this time will cripple our still fragile economy. The economic losses will be in the billions leading to further job losses and higher unemployment.
"The port of New York and New Jersey alone supports 280,000 jobs and $48 billion of economic output for our region alone. Most people don't quite understand what an incredible engine the ports are to our economy.
"Every container that doesn't get unloaded will affect countless warehouse workers, truck drivers, retail clerks, and ultimately every consumer on the eastern seaboard. The very threat of a strike is already creating economic hardship as companies are flying their merchandise in for threat of a strike at significantly more expensive rates, in some cases 10 times as much. In the end, this cost will be passed on to consumers.
"I urge both sides to reach an agreement as soon as possible to avoid a strike, or at the minimum, agree to a 30 day extension to work out their differences. If an agreement is not reached by tomorrow, 15,000 longshoremen from Maine to Houston, including 3,250 here in our region, could go on strike Sunday morning.
"With our region still in the early stages of Hurricane Sandy recovery and our nation still recovering from the greatest economic downturn since the Great Depression, we cannot afford a work stoppage. Everyone loses with a strike," said Coutinho.
NJ Assembly Majority Office
UNION CITY - 1199 SEIU brought out its most powerful voice in support of healthcare workers turned out of their place of employment here following a strike.Read More >
Dems fail to pry sufficient number from abstemious GOP caucus to pass debt report bill TRENTON - The Assembly this afternoon could not summon the necessary votes to override Gov. Chris Christie's veto of A961, as Assembly Minority Leader Jon Bramnick (R-21) prevented Democrats - some of them outraged...
By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor. Not only is there no current legal... Read More >
"When you're asked to cast a vote on a bill and it seems innocuous, and it's got a hidden land mine that perhaps only an expert would see, it would sort of behoove those experts to tell us in advance rather than make us look, shall we say, a little bit indecisive later on." - Assemblyman Michael Patrick Carroll (R-25).- NJTV
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.