Instead of lowering union benefits to meet the private sector...

[ClosedCaption]

Why not ask the private sector to raise their benefits to employees?

 

[Soggy in NOLA]

Why not ask the private sector to raise their benefits to employees?

Yeah, that's how it works.

 

[Avatar4321]

Why not ask the private sector to raise their benefits to employees?

Because the private sector can't pull money out of their ass. See people in the private sector actually have to provide a benefit to someone and make a profit.

When they don't make profits, they cant raise benefits to employees because there is no money with which to reinvest in the company.

 

[Soggy in NOLA]

Why not ask the private sector to raise their benefits to employees?

What independent thought has come from the left?

 

[Soggy in NOLA]

Why not ask the private sector to raise their benefits to employees?

Because the private sector can't pull money out of their ass. See people in the private sector actually have to provide a benefit to someone and make a profit.

When they don't make profits, they cant raise benefits to employees because there is no money with which to reinvest in the company.

How can these people be so woefully ignorant of free markets?

 

[Avatar4321]

Why not ask the private sector to raise their benefits to employees?

Because the private sector can't pull money out of their ass. See people in the private sector actually have to provide a benefit to someone and make a profit.

When they don't make profits, they cant raise benefits to employees because there is no money with which to reinvest in the company.

How can these people be so woefully ignorant of free markets?

Because of the Public Sector teachers and politicians they are fighting to empower didn't do their jobs. And because they refuse to educate themselves to make up for it.

 

[Oddball]

Why not ask the private sector to raise their benefits to employees?

Because the private sector can't pull money out of their ass. See people in the private sector actually have to provide a benefit to someone and make a profit.

When they don't make profits, they cant raise benefits to employees because there is no money with which to reinvest in the company.

How can these people be so woefully ignorant of free markets?

Gubmint schools.

 

[skeptic]

Why not ask the private sector to raise their benefits to employees?

Because nobody can afford to pay those wage and benefits when the world economy is increasingly based on what it costs in China.

In a world with limitless resource wealth to exploit everybody could become rich if we simply followed your suggestion and raised wages across the board until everybody was well to do. And in fact that is exactly what we did for about 50 years between 1920 and 1970.

Then the first oil shocks hit and ever since then the world's economy has been forced to contract to keep consumers from wasting resources at an ever increasing pace that dwarfed supply.

One of the central planks of the industrial revolution has been virgin resources. Coal, oil, minerals, land, water, whales etc. Industrialization has raced forward propelled by new virgin resource frontiers to exploit. But at some point you start to run out of whales and industry either turns to some other new virgin resource to consume or begins to grind toward a halt.

It won't be terribly long before the most valuable virgin resources left to exploit are our own landfills and abandoned cities.

 

[ClosedCaption]

Why not ask the private sector to raise their benefits to employees?

Because the private sector can't pull money out of their ass. See people in the private sector actually have to provide a benefit to someone and make a profit.

When they don't make profits, they cant raise benefits to employees because there is no money with which to reinvest in the company.

Now I agree with this and good companies follow this rule but when you see massive CEO bonuses even when a company isn't profitable and the way they even it out is to cut jobs...then something isn't right

 

[WillowTree]

Why not ask the private sector to raise their benefits to employees?

There's absolutely NO need to lower the benefits paid to public employee union members. Set your benefits and set your dues accordingly and leave the private sector out of it. Why should unions leech off private sector employees at all? Nope, not one damn good reason is there?