Although times are bad in the U.S. — from $4 gas to countless union strikes — a story from Spain reminds us that things could be much worse. A nationwide truck driver strike has crippled the country and effectively shut down all 18 of Spain’s auto plants.
The strike has brought the auto industry to a screeching halt – which accounts for 5 percent of the country’s GDP – but, more importantly, is now affecting everyday life.
In addition to going on strike, truck drivers are now blocking the delivery lines for food and fuel – with some areas of Spain only having a 1 or 2 day supply — causing massive pandemonium for millions of citizens. Highways have essentially become parking lots and related violence has resulted in at least one death.
Infrastructure Minister Magdalena Alvarez has reported that the government and the main group representing the strikers have reached a tentative agreement, but a resolution can’t come fast enough.
The truckers began striking in protest of record high gas prices. Diesel prices have climbed from 0.95 euros a liter in 2007 to the current price of 1.30 euros a liter – roughly $7.60 a gallon.
