[durasell]

You have a "trick" phrase in there -- "overpaid." The baseline for compensation is not constant. It changes with the environment. If I'm doing a job for minimum wage and some guy in India or China can deliver the same service for a fraction of that amount, then I'm overpaid.

Conversely, I remember in the 1970s, many of my union card holding friends were getting salaries in manufacturing that paid $15 to $30 bucks an hour. And they weren't overpaid because nobody with the skills were offering to do the job cheaper.

[Hendrix]

Overpaid is overpaid. The market always decides the pay rate, as long as it is not manipulated by government rules (union laws). If the market is manipulated by union laws, that manipulation will only last so long until a competitor knocks that business out of business. It is as simple as that. Union businesses (except for government unions which cannot be knocked out by a competitor) are being weeded out by the market. That is what is happening in OH and Penn. (steel mills, etc.). The old union jobs are a thing of the past, and people need to realize that.