New York Mayor Bloomberg Right for Once?
I've published many negative articles on Michael Bloomberg. I feel that he is a dictatorial twit who knows what is good for everyone else but has failed to discover himself, because he insists on what is right even when it is wrong or at least questionable.
Well, I have to admit I somewhat changed my mind about him when I read his opinion piece in the NY Post, Aug. 7th, 2013, about "How NYC is like Detroit." He said, "One major reason Detroit couldn't stop its downward spiral was that its labor costs, especially its retiree costs, crowded out its ability to invest in the things that makes a city an attractive place to live and visit."
The problem with unions is that they extort the earners and bankrupt cities, whether here in Detroit or overseas in Greece. The not particularly talented, less well-educated workers extort the tax payers to enhance their own incomes and pensions regardless of what they have or haven't earned or contributed to society. The real free enterprise earners are taxed to death in order to support the less deserving union workers.
Bloomberg points out, "So this year, in addition to our $8 billion-per-year pension bill, we'll spend $6.3 billion on health insurance." It's ironic that the not particularly productive or profitable municipal union workers steal so much from our budget yet contribute so little to our city's greatness.
Unions were great when people were dying in the Triangle fire. Not so good when they are bankrupting New York and endangering our ability to afford functional police and fire departments. Obama loves the phrase "fair share." I wish the unions would realize when they have taken more than their fair share. I hate to say it, but they should take some advice from Bloomberg.