The main reason why so many state and local governments are bankrupt, or on the verge of bankruptcy, is the combination of government-run monopolies and government-employee unions. Government-employee unions have vastly more power than do private-sector unions because the entities they work for are typically monopolies.
When the employees of a grocery store, for example, go on strike and shut down the store, consumers can simply shop elsewhere, and the grocery-store management is perfectly free to hire replacement workers. In contrast, when a city teachers'
or garbage-truck drivers' union goes on strike, there is no school and no garbage collection as long as the strike goes on. In addition, teachers' tenure (typically after two or three years in government schools) and civil-service regulations make it extremely costly if not virtually impossible to hire replacement workers.CONTINUE READING
1 comment:
This the best, straightforward, most simple explanation of public employee unions and the effects of their grip on the taxpayer and why they are fighting so hard to keep things as they are, which is at the expense of our fiscal stability and solvency. We are running out of time AND money, (actually there is no money).
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