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by drewcoo
1210 days ago
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> if a union's demands are unreasonable and make it infeasible to keep the business profitable What a strange hypothetical! That's certainly never happened, and given the current power dynamic, incredibly unlikely to happen today. Whatever regulations there are to protect workers were created because of unions, not instead of them. If employers had been given the choice, there wouldn't be unions or regulations. |
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The company caved to union demands back in the 70’s (if you're laid off you get 100% free health care for life).
I knew families where guys were laid off at 30 and had amazing health insurance plans for the rest of their life.
Something like 60% of labor costs were retiree benefits.