Steel workers vote to strike.....Trickle down economics at its finest 9-19-2018

That’s why it was presented as “an average of 11.7 jobs from ages 18 to 48.”

I also am a lucky one, Matched 401K, a nice pension plan.

I would hate to be looking for a job now. its a lot different for younger people. yikes.

Allan

Just like his EOs.

once another President comes in, they can undo the damage he has caused.

Allan

Couple of things:

1- I never said they didn’t have any risk.

2 - Most business owners - if they have a good understanding of the very pro-business tax laws in our country - set their small businesses up as corps and pay themselves as employees. If they go bankrupt, the company is on the hook - not them personally. There are of course ramifications and impacts associated with walking away, but the owner, like the employee, can collect UE and look for a new job.

3 - Trickle down doesn’t really specifically apply to BUSINESS OWNERS. It applies to WEALTHY AMERICANS.

IOW, if you - like millions of americans - run a small business, like a plumbing business, or small remodel firm, or you do free lance accounting, etc… and you make 75K a year, things like these recent tax cuts - sold in part to us under the red herring trickle down mumbo jumbo - won’t do you any good.

Things like these tax cuts apply to WEALTHY AMERICANS - wether they employ people or not And most of them do not. Most wealthy americans are employees. Wall street executives. Doctors (often both employees and employers) etc…

It is true that these latest cuts also included corporate tax cuts, and if you want to talk about the race of ‘risk’ being used to sell those more, I’d be happy to. But I have a business to run, so might not be back much today.

So what? The guy who started the failed business is free to get in line with he ex-workers and compete for the job next door as well. And since you obviously are sure the failed business owner is better and more virtuous than the slobs who tanked his business, I am sure he will get the job over them.

The forgotten man needs to shut up…

He was stupid to think the gop ever cared about him…

And if he keeps mouthing off he should be fired and replaced with a h1b visa worker…

Maybe he had good help but didnt do the due diligence needed to be a success.

why blame just the workers?

Management at times aren’t very good decision makers.

Allan

So what?

Sorry, I don’t buy into any of the Left’s guff. A guy’s hopes and dreams who is willing to step out to achieve them matter somewhat more than those who aren’t. Those are the people who make the world a better (and occasionally a worse depending on the dream) place. Not the masses living in quiet desperation.

If he failed because it wasn’t a good idea, or it was a good idea at the wrong time, that’s different. Same if he was just a bad manager of time and resources.

But if his dream failed because of bad employees as in the earlier post then screw them, the pity is that they’ll likely land on their feet to cause trouble elsewhere.

Really? What a messed up way to value people…

So a guy who dreams of starting a carpet cleaning business is making the world better than a union steel worker who coaches little league and teaches sunday school?

Or a teacher who runs AA meetings in her spare time?

Or a Walmart clerk who paints in his free time and dreams of retiring and painting full time?

Or a HD shelf stocker who runs a boy scout troop?

■■■?

Ah, the dream to make money trumps all other desires, right?

So the Europe was not producing things in the 70’s?
And people in Asia could have made things in the 70’s as well

Automation is the main source of job being lost, not outsourcing.
Outsourcing is certainly an issue, but not to the level people scream about.

Do you not think the changes in CEO salaries, Taxes, unions broken up, and the lack of enforcing laws regarding monopolies were also a huge factor?

The first post of mine in this immediate sequence was in relation to the idea that it is not employees that take risk. In it I didn’t say all employees of business that fail are bad, not that all small businessmen are good, only that in cases where the employees are bad even then they aren’t the ones taking risk.

That said, little league? What is it with you people and insisting on adding additional details beyond anything said or implied?

I said nothing about the character of people off work.

Maybe the SBO coaches little league too? Or is a deacon at his congregation?

… or maybe he and his employees frequently run into each other down at the porn bookstore …

… but I said nothing about off work.

Aren’t these workers who voted to strike a big part of Trump’s base?

There are two ways to value people.

Net worth dollar wise

Net worth as a human being,

I have a much higher net worth as a human being.

Allan

US X is trying to rework the insurance of all steel workers. They are trying to increase deductibles and increase the amount the worker has to pay. This has been the game in right to work states for some time now. They give the workers ( Teachers, Steel workers) a raise, but then the in a couple of months they raise the premiums and increase deductibles for insurance and they end up loosing money. Happened to my wife ( a teacher) twice. Second time, we had to take the kids off her insurance and put them on mine…which was actually cheaper. They are trying to do the same thing with steel workers.

The guy running USX right now is the same guy who ran Catapillar and did the same thing to them, and caused them to shut down some plants. Put a lot of workers out of work.

And that is what the workers are striking about. They don’t want to be made millionaires…They want practical benefits, retirement and a reasonable amount of the profits that makes them better able to take care of their families.

I have a neighbor who is a steel worker…works 6 to 7 days a week. Overtime is the only way he makes any money to take care of his kids. He works 12-16 hours days for weeks at a time. It cost him his marriage.

My new Admin Assistant…went from a job making 9 bucks an hour to working for me at 13. It came at the perfect time, because her husband just voted to strike at US Steel. I spent an hour or so at dinner a few weeks ago talking to him about it. They know what US Steel makes in Profits, they are asking for a small cut of that to be sent back to them in pay and benefits. With the amount they make in profits, they should not be cutting back on benefits for Steel workers many of whom die before they reach mandatory retirement age.

They and their families should be taken care of. They die young. They work in the worst ■■■■ possible…they breath it in…and in their later years…it causes heart problems, lung disease and cancer. Most Steel workers don’t enjoy their pensions into their 80s. My Grandpa died at 62. He retired at 60.

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Yes…I agree. But here is the thing that you don’t know. At least in the Gary Works…Gary Indiana…Lake and Porter Counties. The Vote gives them the upper hand. Why? Usually when a steel works see’s a strike coming…management keeps the mills at double speed for days even weeks to pump out enough steel to stock pile steel. In the Gary area there is no stock piled steel. Not a lot of it anyway. So if they strike…the mills don’t have enough steel on hand to meet orders for more than a month as of right now.

This gives the union the upper hand. For right now they are still working…but if they ever do strike. It will hurt the mills in the long run.

You guys are unhinged

This is what you said -

A guy’s hopes and dreams who is willing to step out to achieve them matter somewhat more than those who aren’t. Those are the people who make the world a better (and occasionally a worse depending on the dream) place.


these people make the world a better place because…why exactly? They own businesses?

Labor needs management and management needs labor. At the same time however they are ultimately opposed as what is best for labor runs counter to what is best for management and vice versa. The difficulty is finding a balance that creates benefits for both.

The issue is that societal power is generally vested in management. They own the means of production, are capable of influencing political events, and have a larger self provided safety net than labor. The point of organized labor is to somewhat level the playing field. Ultimately management will always hold a larger power base than labor (they own the means of production which means they ultimately own the capital it generates) but unionizing can level this out somewhat as there is strength in numbers.

Yup. A vote to strike is pretty standard fare.
The thing to look for is when their contract is up and where the respective parties are at the bargaining table when closer to that date.