First: unions are obsolete. unions were needed a hundred years or so ago when employees of US Steel got one day off a year. Unions came to the rescue of the people and probably actually raised productivity. Now unions reduce productivity, just try pay more to better works and less to the slackers when they have the same job.
Second: The real problem with most of the large and established companies we have been seeing like Hostess and General Motors was not the unions. The real problem is debt. Just like the real problem with the average American is debt. Most companies and people that are in the worst shape have let debt sneak up on them. In tough years they borrow to get by instead of cutting back, in better years in stead of paying off what was borrowed they make minimum payments. Repeat this process for a couple of decades and things are suddenly out of hand. And then all I hear is look what the unions did to us, or look what the President did to us. What I never hear is look WTF I did to myself. I never hear anyone say if I didn't have credit card payments and car payments and instead I wish I would have lived on less then I made and saved more for tough times I would be better off now. And I never heard a CEO say we acquired too much debt because we wanted to show profits and get bonuses instead of paying of the debt and running a stronger company. General Motors had over $100,000,000,000.00 in debt. If GM had properly managed their debt they would have been one of the strongest companies in America. I wonder how much they had to charge per car to maintain one hundred billion dollars in debt. Or how much per Twinkie to pay their debt.
When I have a problem I look at what I have done and what I can do. Many things are my fault many are not. Some things I can correct some I cannot. But if I only look at others and I only blame others I wont be able to make anything any better. Then I would have to wait for someone else to make things better for me and I'm not a good waiter.


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