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by romed
2772 days ago
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Unions are definitely the primary driver. Construction unions in New York are using current contracts to pay for their pension liabilities. In other words, taxpayers today are paying for work that was done 30 years ago. This guy is sort of irritating if you have to read him for more than a few hours, but his blog is full of evidence and analysis on this topic. https://larrylittlefield.wordpress.com/2018/08/15/an-open-se... |
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>One point construction experts are making, however, is that taxpayers are paying premiums for these public projects since they aren’t being done open shop. The Empire Center report calculated that the government ends up paying 25 percent more for public projects in New York City because of the high prevailing wages. This is the cost no one wants to talk about.
Good! Living in NYC costs more than living just about anywhere in the USA. Well over 25% more than where I live, a top 50 metro.