The rhetoric is that the public sector is overpaid relative to the private sector. Ok, they don’t adjust for education and probably a few other things, but it all still misses the point. Back when I was a kid in Ct. the 50’s, I recall the private sector jobs paying a lot more than the […]
Tag Archives: unions
Why public sector workers should not have actual bargaining power
Government, desirous of provisioning itself, does it as follows: 1. It imposes nominal tax liabilities payable in it’s currency of issue. 2. This serves to create a population desirous of obtaining the funds needed to pay the tax. 3. The real tax is then paid as government transfers real resources from private to public domain […]
Obama for or against unions?
[Skip to the end] Didn’t we just hear a speech from our President about the need to strengthen unions? White House to set GM, Chrysler deadlines: report Mar 27 (Reuters) — The Obama administration will set a strict deadline for General Motors Corp and Chrysler LLC to reach cost-cutting deals with creditors and their major […]