Heres your libotard business style,'if you won't give us all your money, we will bring down the ship', the only problem is, you libotards are on that ship, just like the libotards in Washington trying to bring down the whole country just to get a couple more dollars from those that are smart enough to get rich.<quoted text>
We haven't been since Reaganomics, wages for people who actually WORK for a living have stagnated or reversed in the last 30 years while corporations profit have soared.
So much for the "trickle down" theory.
Tax cuts create U.S, jobs theory.
"Free" trade creates U.S. jobs theory.
Self regulation is good for business theory.
But after 30 years of dismal failure, teabaggers keep insisting that square peg WILL fit into that round hole.
Teabaggers instead blame the victims, not the culprit.
Good job at Hostess! I say, shut down all heavily unionized plants and businesses! The real workers will take the jobs and let the union slobs eat road kill.
And here’s what you won't hear the unions ever talk about:
--Hostess paid out almost $100 million in health benefits for retirees last year, but over half of it covered workers who never had worked at Hostess. The Teamsters’ onerous and antiquated “multi-employer pension plan” foists the pension obligations of a bankrupt company on to the balance sheets of surviving rivals—ensuring a steady death spiral in any declining industry. A similar “MEPP” almost killed YRC, one of the largest trucking companies.
--Union rules forced Hostess to run separate truck fleets for delivering bread vs. sweets. A sweets driver, serving a 7-11 store, was forbidden from restocking shelves with breads already delivered and waiting in the back—he had to call for a bread driver to swing by and handle.
--The union restrictions on the 5,500 distribution routes at Hostess made it unprofitable to serve tiny outlets, yet Hostess was barred from using smaller, sleeker—and non-union—distributors.
--Workers were asked to take an 8% pay cut and pay 17% of their health-care costs instead of zero. Welcome to the club, guys. For this, they would have received 25% ownership of Hostess plus $100 million of Hostess debt to be paid back to the unions.
But the bakers wouldn’t budge.
In the months ahead a chop-shop or food giant may resurrect various Hostess brands, but those 36 plants are shuttered, those 18,500 jobs are gone for good. The union preferred to picket while an 85-year-old company suffocated ... rather than risk having to face inevitable demands for similar concessions at other employers across the country.
Those demands will be forthcoming, anyway, because, as President Obama likes to say in slapping the rich with higher taxes, the math doesn’t work. The only questions are which union will be next, and whether anyone reasonable (or sane) will be listening.
Even a parasite is smart enough to know not to kill its host. In the case of unions, the presence of such preternatural intelligence isn’t yet readily apparent.
Read more: http://www.foxbusiness.com/investing/2012/11/...