Friday, June 3, 2011
Public Unions Vs. The Unorganized Taxpayers: There Will Be Blood
The latest micro documentary from Daniel Vision Victory and Crush the Street is bound to get tempers flaring – on both sides.With cities, states and the Federal government facing serious budgetary problems, cuts are going to have to be made. We can expect, then, that any such cuts that will affect public union members will be countered by mass protests and potentially riots. As the documentary points out, organized unions are a burden on the system, with government officials regularly bowing to demands for more money, benefits and pensions. The end result, which apparently union members don’t realize, will be the opposite of what they are trying to accomplish. Not only will public union members pay the price, so too will the private sector:
Analyst Meredith Whitney, last year, forecast that two million government jobs would be eliminated during this depression. This is already happening, as 750,000 government employees have already lost their jobs. Governments are bloated and broke, and it is not mathematically possible to pay public union members what they think they’re worth. There will be much more pain to come.There will also be blood, because union members seem to be disconnected from reality. We can expect more protests, and potentially riots if the governments have to raid their pensions, benefits and wages to cover budgetary gaps.Read the full story here.
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