Talk of The Villages Florida - View Single Post - Union Value??
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Old 10-05-2024, 12:34 PM
GoRedSox! GoRedSox! is offline
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I really try to post as objectively as I can, using real data and I try to leave my biases out of it. It's not really possible to do that 100%, but I try.

For context, I was on the right side of things. It was fortunate for me. I received stock options as part of my compensation. I received a yearly bonus and a raise. I didn't need a union....but the truth be told, the folks who did the majority of the work could certainly have used one.

The statistics are there. The average American worker has gotten killed in this country over the past 40 years, with meager gains in real wages. Corporate profits have been astonishingly high, as the investor class will tell you. 50 years ago, many employees had a defined pension plan that would augment Social Security with guaranteed income. Now, almost no workers get such a plan and are left to make their own investment choices and manage a 401(k). CEO and top management pay has gone way, way up, not so much the average American worker. Wealth disparity is at a 100% year high. Health insurance benefits seem to shift cost share to employees every passing year. Millions of good American jobs have been offshored overseas to cheaper labor who don't get many, if any, benefits.

The above is all true. The Villages is a relatively affluent retirement community, so I expect that the majority of folks who read this have fared better than the average American. But there are many, many retirees trying to live on Social Security and not much else, or having to work part-time jobs well into their 70's.

I'm not exactly sure what the answer is to all this....I am not an expert....maybe it's not unions, maybe it is....but the current status quo is not working great for the working man and woman in this country.