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Are those benefits really "unmaintainable"? The FACT is that middle class wages have been stagnant or even declined in real terms since the 70s while executive
by chadmalik 16y ago
Are those benefits really "unmaintainable"? The FACT is that middle class wages have been stagnant or even declined in real terms since the 70s while executive compensation has absolutely exploded. Corporate profits have gone through the roof as well yet workers have not shared in the gains, and it is not an accident.
I maintain that 90% of the union whining we are subjected to is nothing more than propaganda for obvious peoples' benefit.
- chc 16y agoThat's why I said only some specific unions are this way, not all of them. The GM workers are one example. Yes, their corporate masters were overly well-compensated as well, but that cost was at least limited to only a few people whose ranks weren't likely to grow. At any rate, I think government employee unions are a bigger problem. Corporations are more capable of standing up for themselves (as you say, sometimes too capable) than a government hobbled by political machinery.