Quote:
Originally Posted by wdmso
You do realize that the so-called "middle class" is a by-product of capitalism? Unions did not create the middle class. They benefited from working for wealthy companies which paid them well--much more than they would have gotten otherwise--even before they were unionized.
Sadly you assume history would have been the same if unions were not involved..
if these wealthy compaines which you say paid them so we'll
why the need for unions Without unions, we would still be working 12 hour days, seven days a week, with no paid holidays, no paid vacations, no pay raises. Can unions price themselves out of a Job yes and many have accepted that reality
The #1 item on the list of stupid spending, is union benefits.
Thats not the whole story is it ... The new revenue erosion and higher pension costs together would swell the projected deficits to $1.5 billion next fiscal The chief culprits behind the latest declining forecast were the state income tax.. no money no spending bring back more min wage jobs and the 60 hr work week thats the answer
you act as if Union members dont pay taxes or contribute into their own retirement or provide a valuable service to the state or town in which they work
INSANE benefits that were done away with, for good reason, in the private sector long ago.
what benefits are those that were done away with good reason ?? I love to hear them ... and why they were or should be stopped
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"The new revenue erosion and higher pension costs together would swell the projected deficits to $1.5 billion next fiscal The chief culprits behind the latest declining forecast were the state income tax."
I don't know what that means.
But I know this...when CT tax revenues were at an all-time high, it still wasn't nearly enough to fund those benefits. WDMSO, you can't have public servants getting pensions worth several hundred thousand dollars. You just can't. The math worked in the 1950s, because people only lived a few years in retirement. Now, people live for decades. Again, that's why the private sector did away with these pensions.
Here's an idea...you save whatever you can for your retirement, just like I have to do. However much you choose to set aside, that's how much you have. That's the way it works for everyone else, there is no earthly reason why it can't work for public servants. Your financial security is no more important to society than anyone else's.
"you act as if Union members dont pay taxes or contribute into their own retirement"
Who the hell said that?
Yes, most union workers pay a small % of their pay into their pension. But that's a tiny fraction of the overall cost of the pension, and you expect everyone else to make up the difference. Why is that? Why are unionized employees so special? if I don't save enough to fund my own retirement, are you going to chip into my 401(k)? No. I have to pay for my own retirement. So should you.
"what benefits are those that were done away with good reason ?? I love to hear them ... and why they were or should be stopped"
Pensions and cheap healthcare in retirement. Those were done away with in the early 1990s. They should be stopped (for the tenth time) because they are impossible to pay for. That's why states have those deficits. Those benefits can never, ever be paid for. Never..