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To: matt04
"they’re asking for health care benefits and just as shot at a decent retirement,”

OK they already have good health care benefits with a lower-than-average deductible AND a defined benefit pension plan!! That is basically unheard of in that industry - hell it's rare in the private sector period!

And these nitwits are going on strike. SMH.

12 posted on 04/12/2019 12:16:58 PM PDT by UpstateNYer
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To: UpstateNYer

I lived in Michigan in the late 1980’s.
There was a local grocery chain called Hamady’s, which was the second oldest in the state. It had gone through a Chapter 11 bankruptcy after their former CEO had gone to prison for embezzlement.

By the time they emerged all sorts of new competitors were in the market and they really struggled. They ended up back in Chapter 11, which is usually a death knell.

Some consultant for the union came up with an ESOP plan which would allow the workers to buy the company. They would all become shareholders and more or less work for themselves.

In order to pull that off they would have to agree to a pay cut.

The union workforce VOTED THAT DOWN. Put the company out of business and put themselves all out of a job.

This mentality is truly impossible to comprehend.


22 posted on 04/12/2019 12:33:17 PM PDT by Buckeye McFrog
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