[VideoDoctor]

Think of it this way, a business hires a worker at age 20, he works for 30 years and retires. You pay him 50% of his highest wage for life + health coverage for the family. You have to hire a replacement. You pay his salary until he retires 30 years later. Now you are paying his retirement and the pension from the guy he replaced. Now you have to hire a replacement. One job, 3 salaries, and dont forget the union is demanding a 5% increase in salary each year for less work.

I have to commend you on that explanation. Well put.

Hostess was an 82 year old company and they were well into their 3rd generation of retired employees needing retirement pay and healthcare benefits that it was like a mini volkswagen trying to pull a fully loaded tractor trailer.

It could no longer PULL the UNION load.

[Brooklyn Attitude]

“It could no longer PULL the UNION load.”

The union load is worse for govt employees. Twenty years and out. Many retire at 40 at 3/4 pay which they inflate by working massive overtime the last year or two. Its a recipe for bancruptcy.