No More Free Ice Cream, Or Lunch

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Jccarlton
Posts: 1747
Joined: Thu Jun 28, 2007 6:14 pm
Location: Southern Ct

No More Free Ice Cream, Or Lunch

Post by Jccarlton »

Because ultimately, no matter who you are, TANSTAAFL(there aint no such thing as a free lunch):
http://townhall.com/columnists/thomasso ... nion_myths

JLawson
Posts: 424
Joined: Tue Jul 08, 2008 6:31 pm
Location: Georgia
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Re: No More Free Ice Cream, Or Lunch

Post by JLawson »

Jccarlton wrote:Because ultimately, no matter who you are, TANSTAAFL(there aint no such thing as a free lunch):
http://townhall.com/columnists/thomasso ... nion_myths
My father in law worked for a steel mill after WW2. The bennies were pretty good - and they got better with time. He had a 2 month sabbatical one year, with a bonus - bought a motor home and took the family out West - my wife still talks about it. It was supposed to be a one-time good deal sort of thing, but two years later he got it again.

Shortly after that, he retired. Shortly after THAT, the mill closed because it was unprofitable. Fortunately, he'd put his retirement money into something other than the mill plan. A lot of his coworkers hadn't.

The union guys? They moved on, didn't miss a paycheck, looking for some other host to leech off. But while they lasted, the bennies the union got the worker were sweet indeed.
When opinion and reality conflict - guess which one is going to win in the long run.

ladajo
Posts: 6267
Joined: Thu Sep 17, 2009 11:18 pm
Location: North East Coast

Post by ladajo »

At the expense of the Mill and its viability.

JLawson
Posts: 424
Joined: Tue Jul 08, 2008 6:31 pm
Location: Georgia
Contact:

Post by JLawson »

ladajo wrote:At the expense of the Mill and its viability.
Yes. But the thing was, the mill was making money... and the union guys had things figured out so that the workers got what they considered a fair share, and the owners of the mill could make enough profit to keep the mill open.

Then steel prices dropped due to imports. The mill couldn't compete. And there wasn't enough of a cushion to keep the mill open, and the unions wouldn't renegotiate.

The lunch is free, as long as you aren't the last guy out who gets stuck with the bill.
When opinion and reality conflict - guess which one is going to win in the long run.

choff
Posts: 2447
Joined: Thu Nov 08, 2007 5:02 am
Location: Vancouver, Canada

Post by choff »

Speaking as a person of conservative extraction, I only have one complaint about the critique of unions. Why don't the elected representatives go after Wall Street and the large banks with the same determination used in dealing with unions. In some cases the deficits in towns and states are the result of placing tax money in triple A investments while the brokers and ratings agencies were short selling same. It's a simple case of misplaced priorities.
CHoff

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