Private Sector Workers Need To Sacrifice

Discussion in 'Politics' started by shintao, Feb 26, 2011.

  1. shintao
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    The private sector workers need to take a 20% cut in pay and benefits to help corporations to stimulate the economy and be able to hire more workers to boost the GDP, and lower unemployment costs and associated taxes. It is no secret we are falling behind, and everybody ought to be able to give a little to help America. The only other way to do this is raise taxes and give corporations subsidies to hire workers, which will cost more to manage through the government.

    A recent study by the Economic Policy Institute (pdf) concluded that private workers are making more than public workers. According to the executive summary of the study, "Comparisons controlling for education, experience, organizational size, gender, race, ethnicity, citizenship, and disability reveal that public employees of state and local governments earn less than comparable private sector employees. On an annual basis, full-time state and local employee government employees in Michigan are undercompensated by approximately 5.3% compared with similar private sector workers."

    Meanwhile, the group Citizens for Accountability in Reform notes on its site that the study is the fourth in the last three years to challenge the perception that public workers are somehow over-compensated.


    http://accountabilityinreform.files.wordpress.com/2011/02/epicompstudyfinal.pdf
     
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  2. Mr. H.
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    This is a good scenerio, but it would be helpful if these workers actually made something tangible that is ultimately sold to someone else. I mean, if we have more workers whose sole function is to sell a service, or a product that is imported- how does it actually add to the GDP?
     
  3. Momanohedhunter
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    union public sector workers pay nothing toward pensions and little if any towards health care. when they retire they will receive full benefits until they die and no longer leach off the non union tax payer. I am self employed and pay full whack for my health care. the kids are on the wife's insurance and she pays $700 a month towards that as well as taxes so the pensions of folks who provide an inferior product or service can ride the gravy train with biscuit wheels. So they have sacrificed what now ?
     
  4. shintao
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    We actually make a lot of products here in America that are not imported, and sold locally. Check out the state almanacs, or watch HSN.

    Here is website of American made products. http://www.madeinusa.org/
     
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  5. shintao
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    They are taking cuts in pay & benefits. I call that a sacrifice. And the public sector needs to do the same. Everybody doesn't share your whine that you chose to drink. The average family health care cost is $527. a month, and the teachers educate your children I pay taxes for as well. An average CEO or laborer can afford to take a 20% cut to help stimulate the economy. Some will suffer more than others, but it is for the benefit of the country you chose to live in and use. Without the sacrifice, the country will fall by the wayside, and that will be the end of your business. I also feel the cuts should reach down to lower income people as well, everyone will need to tighten their belts.
     
  6. Momanohedhunter
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    My kids go to private school, but I would take a non-union teacher in my School district to any union teacher in any other district. The quality of education is superior, and even when it sucks the kids can at least read when they drop out of school. as for tightening the belts, the private sector has been doing it for about five years now. It's the freeloaders turn now. And we are an average family and the wife pays $700.00 a month for health care. union members pay zero. They will collect full pay when they retire and until they die and pay nothing into there pensions. Normal folks get 401-K and have to pay into that. The private sector got hurt by the recession more then the union leaches so the unions can go first. By the way, which union do you belong to ?
     
  7. shintao
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    I don't think the scabs have made any concessions like the Union has. I am no longer a proud Union member. I retired in 1990. The Unions are taking pay cuts and making concessions as well.

    "In a 2010 survey by the National League of Cities, 51 percent of the cities that responded said they had either cut or frozen salaries of city employees, 22 percent said they had revised union contracts to reduce some pay and benefits, and 19 percent said they had instituted furloughs."

    So now it is the private sectors turn. A union members pension, like medical is part of his overall package, like a CEO, etc., from negotiations of employment. Private people don't negotiate, so many receive no benefits. Unions are strong, individuals are weak and have no bargaining rights unless they hire themselves a lawyer or employment negotiator. The free loaders at the top and the bottom will make the 20% cut as well. Everybody should help to make this work.
     
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    many people left with jobs in the workforce, are doing double duty as a minimum already...they are doing the jobs they used to do, plus they are picking up the slack and are doing the jobs of those who got laid off....a pay cut in addition to this, may not be reasonable.
     
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    Considering the the cut will go to stimulate the economy and give Corporations incentives to hire more workers, this will lower the burden on those working now. You would be surprised how one person can lessen the burden on ten, but also add to production, and lower your taxes headed towards unemployment nonproductive people. And the pay cut wouldn't have to be permanent. Once work starts picking up again, corporations can afford to be more generous.

    The alternative seems to be taking the nation down and everybody losing their jobs and homes.
     
  10. KissMy
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    The Unionized Government Employees are the Rich. The 2005 economic survey revealed the income distribution for individuals whereby the top 5% of individuals had gross income & benefits (exceeding $100,000) and the top 10% of individuals had incomes exceeding $75,000. They are draining our country dry. They contribute to the campaigns of politicians who give them more money & benefits that they take from the private citizens. Public employees jack up salaries in the last few years to raise their retirement & pension creating a golden parachute that we have to pay for the rest of their life. This cause a major underfunding because contributions were being made based on their lower salary that suddenly spiked. If the public employees had to contribute their own money into the fund then they would not allow the near retirement people to screw them with by creating a sudden golden parachute.

    The tax payer should not have to guarantee the bad investments of their pension funds. We are not afforded any guarantees of our retirement. When you add up all the public employee benefits, they are the top 10% rich in the USA. They get twice the total compensation of the private sector workers that are taxed to pay their compensations. We should not be paying the retired public employees 3 times what they made when they were working. The working man should not be making 1/3rd of what the retired public employee is getting paid from the tax payer. The rich ass government sponges earn like masters & treat us like slaves.

    Police Chief made $813,000 on retirement year.
     
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    Last edited: Feb 26, 2011

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