HomeLifted from the Post gazette
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Lifted from the Post gazette
Rosedale Resident Sun Mar 13, 2011 6:13 pm
Pittsburgh Post-Gazette
Cookie monster
"A unionized public employee, a member of the tea party and a CEO are sitting at a table. In the middle of the table is a plate with a dozen cookies on it. The CEO reaches across and takes 11 cookies, looks at the tea partier and says, 'Watch out for that union guy, he wants a piece of your cookie.”
Unions don't create deficits
Joseph A. McCartin in Dissent Magazine addresses three key arguments made by those who oppose public sector unions:
• Public sector workers do not make more than private-sector workers when you compare apples to apples. Public sector workers on average are older and more highly educated than private sector workers. A 2010 study found that, on average, they make 4 percent less than comparable private-sector workers.
• Public sector union compensation is not responsible for state budget deficits. There is no correlation between unionized governments and deficits. Example: The most highly unionized state government, New York, faces a projected deficit of 16.9 percent in 2012 while nonunion North Carolina faces a 20 percent deficit that year.
• Public sector pensions are not underfunded because of unions. Again, there's no correlation between unionized workers and pension crises. Example: New York's government pensions are 100 percent funded; nonunion Virginia's pensions are 80 percent funded.
Unions corrupt companies
John Carney at his CNBC NetNet blog worries that unions are gaining too much power over corporate America, noting that union shareholders have sponsored 38 percent of shareholder proposals at Fortune 100 companies, often ones to limit executive pay.
"The reason why unions are so interested in having a say on executive pay," Mr. Carney writes, "is so that they can force concessions on other issues out of management. ... Management is likely to cut deals with labor along the lines of: 'We'll raise your pay if you raise ours.' Outside shareholders lose out, as corporate resources are drained by this kind of deal making."
Cookie monster
"A unionized public employee, a member of the tea party and a CEO are sitting at a table. In the middle of the table is a plate with a dozen cookies on it. The CEO reaches across and takes 11 cookies, looks at the tea partier and says, 'Watch out for that union guy, he wants a piece of your cookie.”
Unions don't create deficits
Joseph A. McCartin in Dissent Magazine addresses three key arguments made by those who oppose public sector unions:
• Public sector workers do not make more than private-sector workers when you compare apples to apples. Public sector workers on average are older and more highly educated than private sector workers. A 2010 study found that, on average, they make 4 percent less than comparable private-sector workers.
• Public sector union compensation is not responsible for state budget deficits. There is no correlation between unionized governments and deficits. Example: The most highly unionized state government, New York, faces a projected deficit of 16.9 percent in 2012 while nonunion North Carolina faces a 20 percent deficit that year.
• Public sector pensions are not underfunded because of unions. Again, there's no correlation between unionized workers and pension crises. Example: New York's government pensions are 100 percent funded; nonunion Virginia's pensions are 80 percent funded.
Unions corrupt companies
John Carney at his CNBC NetNet blog worries that unions are gaining too much power over corporate America, noting that union shareholders have sponsored 38 percent of shareholder proposals at Fortune 100 companies, often ones to limit executive pay.
"The reason why unions are so interested in having a say on executive pay," Mr. Carney writes, "is so that they can force concessions on other issues out of management. ... Management is likely to cut deals with labor along the lines of: 'We'll raise your pay if you raise ours.' Outside shareholders lose out, as corporate resources are drained by this kind of deal making."
Rosedale Resident- Posts : 91
Join date : 2008-08-16
Age : 74
Location : Rosedale, Dah!
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