One day of Warren Buffett wealth gains could fund 15 days of paid sick leave for rail workers

Billionaire Warren Buffett, one of the wealthiest men in the world and the CEO of BNSF Railway’s parent company, saw his wealth jump by nearly $1.4 billion in a single day earlier this week, a sum that could easily fund 15 days of paid sick leave for every rail worker in the United States.

BNSF is one of the major railroad giants refusing to budge in contract negotiations with rail unions as they fight for 15 days of paid sick leave. Under a White House-brokered contract that major rail unions have recently voted to reject, rail workers would not receive a single paid sick day.

A nationwide rail strike or lockout with major implications for the U.S. economy could begin as soon as December 9 if rail companies and unions don’t reach a contract deal.

“In one day, Mr. Buffett made twice as much money as it would cost to guarantee 15 paid sick days a year to every rail worker in America,” Sen. Bernie Sanders (I-Vt.) tweeted Wednesday. “The greed of the rail industry must end.”

Warren Gunnels, Sanders’ staff director, reiterated that message Thursday, writing, “Can’t stop thinking about how Warren Buffett, the owner of BNSF Rail, made more money in one day than it would cost to guarantee 15 paid sick days to rail workers.”

“Buffett could avert a rail strike today by giving workers what they need: paid sick days,” Gunnels added. “That’s how you give thanks.”

Rail companies have estimated that it would cost roughly $688 million a year to provide 15 days of paid sick leave to rail employees, who work long and erratic hours and are often expected to be on call 24 hours a day. To make matters worse, rail companies’ attendance policies punish workers for calling out sick or taking a day off to see the doctor.

Besides, BNSF has urged Congress to intervene and force rail workers to accept a contract with no paid sick days, something Senate Republicans tried to do via the unanimous consent process in mid-September. Sanders, the chair of the Senate Budget Committee, blocked the GOP legislation, allowing the collective bargaining process to continue.

Additionally, with the possibility of a nationwide strike growing after the largest union of rail workers in the U.S. voted to reject the White House-brokered contract deal earlier this week, Congress is once again facing calls from the hugely profitable railroad industry to get involved.

Originally published at Commondreams.org.