Anyone with an IQ higher then a car bumper knows that the largest cost of running any business is the cost of labor. And it doesn’t take a much higher IQ to know that union labor cost more then non-union.
If a union or a non-union company fails because they can no longer compete in an extremely price completive market, then labor has to take its fair share of the blame of that failure in direct proportion to its willingness to make necessary adjustments either in more productivity or less pay to make the company profitable again. The history of unions is to never give back and constantly demand more. That’s how they got here.
I understand the unions have made a few concisions, but the fact is that any bean counter with the aforementioned bumper IQ can probably project out what little good those concessions will really do.
The fact remains that even with those concessions and the government bail out combined, they are not going to do anything but hasten the further demise of the US as a world economic power.
The writings of Alexander Tyler, 1747-1813, in the Downfall of Democracy, are becoming closer to reality every day. Most people just scoff at his writings and laugh it off as just another scare tactic. But if you stop and read this shot article with an open mind you can see it happening right before you eyes.
Aren’t the bank and now the auto bailouts just that, gifts form the treasury? Not to mention Obama’s new $850 billion bail out he is promoting. http://docs.google.com/Doc?id=dgxm7rqm_20dpsck7dp