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Thread: Impeachment

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  1. #166
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    Default Re: Impeachment

    Working in the public sector has benefits of job security for relatively lower pay. The pension is better and so it should be for staff. I would not begrudge them having a decent income when they retire. They have stopped final salary pensions over here and introduced average payment schemes. This is a lot better than the private sector, which I have been taken over by and they will try and take these benefits away but for the unions.
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: Impeachment

    Quote Originally Posted by Master View Post
    Working in the public sector has benefits of job security for relatively lower pay. The pension is better and so it should be for staff. I would not begrudge them having a decent income when they retire. They have stopped final salary pensions over here and introduced average payment schemes. This is a lot better than the private sector, which I have been taken over by and they will try and take these benefits away but for the unions.
    Shoot in many cases here the public sector pay rate is 2-3 times that of the private. And that’s just straight pay not taking into account all the benefits. Shit I had a car for a few years. But perhaps we are comparing apples and oranges I don’t know how you guys do things.

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    Default Re: Impeachment

    Quote Originally Posted by walrus View Post
    Quote Originally Posted by Master View Post
    Working in the public sector has benefits of job security for relatively lower pay. The pension is better and so it should be for staff. I would not begrudge them having a decent income when they retire. They have stopped final salary pensions over here and introduced average payment schemes. This is a lot better than the private sector, which I have been taken over by and they will try and take these benefits away but for the unions.
    Shoot in many cases here the public sector pay rate is 2-3 times that of the private. And that’s just straight pay not taking into account all the benefits. Shit I had a car for a few years. But perhaps we are comparing apples and oranges I don’t know how you guys do things.
    We get no car in the public sector just 45p per mile using our own vehicle. Unions here are linked to the Labour party which influence policy but that is better than a millionaires donating to the Tory party to keep business taxes low for them.
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: Impeachment

    If Unions = Good then perhaps someone will explain Progressive "news" organization The Young Turks wanting to keep their business Union free.


    "Drown in a vat of whiskey.....death where is thy sting?" - W.C. Fields.

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    Default Re: Impeachment

    Quote Originally Posted by TitoFan View Post


    If you don't want to be talked down to then don't make utterly moronic posts. Trying to argue against seventy five years of data with fucking anecdotes is laugh out loud idiotic. I've been really polite considering the garbage you're posting.

    What I've written isn't speculation. Unions managed to secure about a third of increases in national income for their members and the wider workforce. Since the unions were neutered forty years ago the US workforce now gets absolutely fuck all because American labour has no bargaining power anymore. You can come up with an explanation why this has happened that doesn't involve unions losing their power anytime you want.

    But you don't want to do that. You just can't face the fact that you're significantly worse off financially today than you would have been had unions still had the power they had back in the fifties and sixties. You're quite happy to see the top one percent loot the economy and parrot their propaganda about how it all works. It's like you're watching me come out of a bank with trolleys full of bags of cash and I'm loading my van to make a getaway and you're saying sit, wait, you dropped a bag. Let me help you load your truck. Idiot.


    Fuck off, Kirk. You're a lot more belligerent than I remember you. As an avowed Reagan hater, you laughingly talk about unions getting "neutered" forty years ago, implying they don't exist or are woefully ineffective. You stupidly ignore their existence today, even if on a more measured level. You laser focus on your charts and graphs, ignoring all other factors, and the basic fact that most in the industry acknowledge and argue both the good and the bad that labor unions bring. You also laughingly attribute all of the economy's woes to the drop in union memberships and in their power and influence as well. You're good at posting charts and graphs, but lousy at logic.

    Basically you're just another fucking fanatic who can't see the forest for the trees. Union... good. Management.... bad. Still living in the 60's, or whatever the fuck other era you happen to be stuck in. You conveniently ignore any other factors that may get in the way of your horse blinders. I honestly thought you were smarter and more even-tempered than that. I guess I thought wrong.

    Unions can, and have on occasion, impeded their company's ability to compete by their unwillingness to compromise, even when it means reducing the competitiveness of the firm. In the end, everybody loses. But you don't see that side of that, because you have this puzzling attitude that keeps you from seeing anything big picture. You're just another fanatical bozo like the loser from Good Will Hunting who regurgitates what he memorizes from the textbooks.

    Really..... fuck off.

    "The industry". I'm not going on one industry or even the industrial sector of the US economy. I'm going on the entire US economy over 75 years. Not anecdata from one person's experience and the experience of a bunch of similarly clueless people that he's talked to.

    And by the way, the Japanese steel industry had the same experience with being undercut by cheaper labour that America did. By the mid eighties Japan was having its lunch eaten by Korea, Taiwan and other Asian countries where the labour was cheaper. It wasn't down to unions of anything else, it was down to a second world economy becoming a first world economy and then being undercut by emerging second world economies.

    But your incorrect anecdata leads me beauttifully to be able to make my point again with another excellent example. America suffered in the seventies and eighties from emerging economies taking global market share away from its domestic businesses. But eventually all these people found new jobs. You may be aware that our current president is trumpeting the best economy ever and the lowest unemployment in half a century. But there's a problem here. A lot of these new jobs are shitty jobs with low pay and no benefits compared to jobs back in the day.

    Want to take a guess why? GDP per capita has doubled in real terms since Reagan busted the unions. But that huge increase in income hasn't gone to the vast majority of the country. It's going to a tiny number of people at the top of the tree. Why is that? Is the fact that American labour now can't bargain collectively with their bosses to be given a slice of that increased income to blame? Maybe the fact that the date labour/unions lost their political muscle coinciding with American wages stagnating isn't a coincidence?

    Other questions you won't answer. Why did industrial/factory type jobs pay so well in the first place? Was it because it was easy to organise the labour in big industrys because big groups of people worked in the same place? Why did they have great wages and benefits back then to the point where a union wage could buy a house, raise a family, pay for holidays and cars and the American dream and even enough for college funds for the kids? How could all that be done on one wage compared to now? Have you seen when women first started to move into the employment market en masse? Nowadays families can't make ends meet working two full time jobs. How can national income per person have doubled in the last forty years yet families have gone from one income to two and are still struggling?

    How come the workers at Foxconn (the people who assemble iphones) are working for a dollar an hour doing a hundred and twenty hours a week with working conditions so inhumane that the dormitories they live in are surrounded by suicide nets to stop workers creating bad publicity for Apple?




    Maybe the fact that they're not allowed to unionise has something to do with it. Just a thought.

    Like I said previously, take unions out of this altogether. Ban unions. End them completely. The fact remains that American labour needs some way to be able to get a slice of the increasing economic pie from bosses. American labour used to have a way to do this, now they don't. Whether it's unions or some other actor negotiating for labour then labour really needs this. It's not just a question of families struggling or fairness or anything like that. I'm not that fussed about other people to be honest. What I can see as clear as day, because I study this stuff for a living and have done for nearly thirty years now, is that the economy has become so unequal -- coincidentally starting to become so when unions lost their power -- that it is now a deformed entity, unable to generate decent economic growth even with massive ongoing economic stimulus and increasing large scale debt. And this has consequences eventually.

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    Default Re: Impeachment

    Quote Originally Posted by El Kabong View Post
    If Unions = Good then perhaps someone will explain Progressive "news" organization The Young Turks wanting to keep their business Union free.



    This is a boss who wants to keep as much money as he possibly can for himself. You can call him a hypocrite, he definitely is but it's just another example of what I'm talking about. Hopefully the people working for him manage to unionise.

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    Default Re: Impeachment

    Quote Originally Posted by walrus View Post
    Quote Originally Posted by Master View Post
    Working in the public sector has benefits of job security for relatively lower pay. The pension is better and so it should be for staff. I would not begrudge them having a decent income when they retire. They have stopped final salary pensions over here and introduced average payment schemes. This is a lot better than the private sector, which I have been taken over by and they will try and take these benefits away but for the unions.
    Shoot in many cases here the public sector pay rate is 2-3 times that of the private. And that’s just straight pay not taking into account all the benefits. Shit I had a car for a few years. But perhaps we are comparing apples and oranges I don’t know how you guys do things.

    Name some of these cases. Show some actual examples of wages, salaries and so on.

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    Default Re: Impeachment

    Quote Originally Posted by Gandalf View Post
    A case in point, the UK used to build ships. A sunk industry. Others could do it cheaper and more efficiently and in decades from a world leader to a world bleeder. Unions cannot do a thing against globalisation.

    I come from what used to be the biggest shipbuilding town in the world. You either worked in the shipyards of in a coal mine. My family were all shipbuilders or coal miners. But Polish coal came along at half the price and Korean ships at half the price. We were probably the world's first post industrial area. Forty percent unemployment overnight. We haven't found out a way to ameliorate these kind of problems either. It's going to happen in any first world country when emerging economies can undercut your domestic firms. It's one of the shittier aspects of capitalism.

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    Default Re: Impeachment

    Quote Originally Posted by Kirkland Laing View Post
    Maybe the fact that they're not allowed to unionise has something to do with it. Just a thought.
    Actually in China the people can form unions but those unions have to be part of something called the All-China Federation of Trade Unions (ACFTU). And that Union is controlled by the Communist Party directly.


    But I'm sure you know better....I mean you study this EVERY DAY!!!!!!....this just happened to fall off your "little shelf"
    "Drown in a vat of whiskey.....death where is thy sting?" - W.C. Fields.

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    Default Re: Impeachment

    Quote Originally Posted by El Kabong View Post
    Quote Originally Posted by Kirkland Laing View Post
    Maybe the fact that they're not allowed to unionise has something to do with it. Just a thought.
    Actually in China the people can form unions but those unions have to be part of something called the All-China Federation of Trade Unions (ACFTU). And that Union is controlled by the Communist Party directly.


    But I'm sure you know better....I mean you study this EVERY DAY!!!!!!....this just happened to fall off your "little shelf"

    Yes Lyle, I know. They can't form any kind of independent bargaining organisation that represents them. You either disappear or are put in prison if you try.

    https://www.ft.com/content/8ca45576-...6-bf4a0ce37d49

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    Default Re: Impeachment

    We all know you've worked in finance 30 years, Kirk. It still doesn't excuse you from being condescending and belligerent when discussing issues having to do with the economy.

    You of all people should know the economy doesn't rise and fall due to one single, solitary factor. There are always several involved.

    It's just like those who think that the economy turns on a dime. I've played down the credit people want to give solely to Trump and blame they want to place squarely on Obama based on that very same principle.

    But I digress. My point is that we should be able to have a conversation about something you're obviously very passionate about, like labor unions, without devolving into an insult-fest.

    My only points are this:

    1. The demise of unions are not solely to blame for the shrinking wages (in purchasing power) in recent economies.

    2. Unions have brought both good and bad to U.S. industry. You've stated some of the good..... I stated some of the bad. (Oh..... and about your anecdote-phobia..... is your waxing on about your shipbuilding and mining ancestry not engaging in anecdotes? IMO, it's bad form to discount things like personal experience when discussing an issue. But you may differ on that.)

    3. Obtaining better wages for the American worker doesn't necessarily need to be through the traditional labor unions. Can't we come up with different mechanisms to reach the same goal?


    The following article points to some of the other factors that can be blamed for the worker wage situation we're facing today.

    https://www.marketwatch.com/story/we...ers-2019-05-29



    I don't wish to continue the hostilities, but I'll insist that once in awhile we need to get our heads out of the textbooks, and see how things occur in real life. My telling you about experiences with labor unions in very unionized industries such as the steel industry isn't meant to eliminate or counter any of the data you've presented. But rather to complement it with a rounder picture of what unions bring to the table, both good and bad.

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    Default Re: Impeachment

    Quote Originally Posted by Kirkland Laing View Post
    Yes Lyle, I know. They can't form any kind of independent bargaining organisation that represents them. You either disappear or are put in prison if you try.

    https://www.ft.com/content/8ca45576-...6-bf4a0ce37d49
    Oh....wow.....the Communists, they do things like that?
    "Drown in a vat of whiskey.....death where is thy sting?" - W.C. Fields.

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    Default Re: Impeachment

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by walrus View Post
    Quote Originally Posted by Master View Post
    Working in the public sector has benefits of job security for relatively lower pay. The pension is better and so it should be for staff. I would not begrudge them having a decent income when they retire. They have stopped final salary pensions over here and introduced average payment schemes. This is a lot better than the private sector, which I have been taken over by and they will try and take these benefits away but for the unions.
    Shoot in many cases here the public sector pay rate is 2-3 times that of the private. And that’s just straight pay not taking into account all the benefits. Shit I had a car for a few years. But perhaps we are comparing apples and oranges I don’t know how you guys do things.

    Name some of these cases. Show some actual examples of wages, salaries and so on.
    I actually can do that sir. I can give you at least two names out of the alleged 12-14 which it wasn’t that many. But first, since you brought it up, who do you know amongst the group? You live in the US I’m sure you would have contacts.

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    Default Re: Impeachment

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by El Kabong View Post
    If Unions = Good then perhaps someone will explain Progressive "news" organization The Young Turks wanting to keep their business Union free.



    This is a boss who wants to keep as much money as he possibly can for himself. You can call him a hypocrite, he definitely is but it's just another example of what I'm talking about. Hopefully the people working for him manage to unionise.
    Being his business does he not have the right to determine what he wants to pay? He was kind enough to employ them. If they don't like it they could join a rival who will offer more or else start their own cooperative.
    https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRWNc_AZewu7AAERwCfLfupUZIJSbzqC MgjXFbc0u9YrZkuInoB

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    Default Re: Impeachment

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by Gandalf View Post
    A case in point, the UK used to build ships. A sunk industry. Others could do it cheaper and more efficiently and in decades from a world leader to a world bleeder. Unions cannot do a thing against globalisation.

    I come from what used to be the biggest shipbuilding town in the world. You either worked in the shipyards of in a coal mine. My family were all shipbuilders or coal miners. But Polish coal came along at half the price and Korean ships at half the price. We were probably the world's first post industrial area. Forty percent unemployment overnight. We haven't found out a way to ameliorate these kind of problems either. It's going to happen in any first world country when emerging economies can undercut your domestic firms. It's one of the shittier aspects of capitalism.
    True.
    https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRWNc_AZewu7AAERwCfLfupUZIJSbzqC MgjXFbc0u9YrZkuInoB

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