The US automobile manufacturers were driven to bankruptcy and takeover by the State, because the labor unions refused to give. The unions demanded ever-more and the companies gave ever-more. The companies collapsed. Now the unions are demanding ever-more again, but this time it is not so trivial a thing as car makers who are under pressure. What will happen, do you think, when municipalities are driven to insolvency (well, when they recognize existing insolvency) because of the greed of a few hundred or a few thousand policemen, firemen, and schoolmarms?
Greece is paying 51% of its budget to unions due to a lack of political will to stand up for sound economic principles. Probably hundreds of cities and counties as well as several states in the USA are in a similar pickle. Still the unions continue to demand more and more from the increasingly impoverished public paying for their benefits packages.
When you are taxing poor people 2% on groceries so a teacher can have a gold-plated 'defined benefit' pension, something is Bad Wrong.
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