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Showing posts from February, 2011

Is collective bargaining such a bargain?

So again, I'm looking at the Wisconsin mess. As one blogger I follow has noted, " Cairo and Athens come to Madison. " The argument I hear from one of the protest participants is that collective bargaining is an important right. Now, I have never worked in a "collective bargaining" job. I did once work in a grocery store which gave employees an option of joining the union, but I was a minor at the time, and therefore not eligible for union benefits. (Now, the union wanted to sign me up and take a cut of my paycheck anyway, without telling me I wouldn't get any benefits, but thankfully I declined.) But let's say you've been in the world of collective bargaining, and it looks like that is going to be taken away. Your union managers tell you that you absolutely need collective bargaining, that it's vital to your well-being. You can expect this. It's not your job on the line, it's theirs. Just as I can expect the car salesman to tell me...

On Sesame Street

One of the big items on the discussion table for Federal budget cuts is NPR. Those in favor of NPR are talking about it as "de-funding Sesame Street". Well, let's look at Sesame Street a moment. I think that if there's a single NPR production that could survive without tax money to help, it would be the show with the Big Bird. Sesame Street is a huge international franchise, and the money made on Elmo toys alone must be worth a sizable fortune. Here's my devil's advocate question: Do they really need the money they get from our taxes? Or can they get along without it? We get upset when Wall Street gets tax money, especially when it goes to people who can clearly do without. Why don't we hold Sesame Street up to the same standard? Is it because it's "for the children"? Or is it the cute and cuddly monsters? I'm not saying that Sesame Street isn't a good cause. They do their job very well, educating and entertaining. But does ev...

The economy needs miracles

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Two things I ran across yesterday are spinning in my head. First, I ran across this link . Duquesne University Economics Professor Antony Davies compares the national debt to a household income. Here's a video from that page: Watch that. Listen twice to what he says at the end. If you take all of the debt, all of the unfunded promises that have been made in Social Security, Medicare, and so on... If you take all of that, and add it up, it outstrips the   economic output of the entire planet. That's right. Our government has promised to pay more money than exists, more money than can possibly exist. In the world. Let that sink in. When I learn this, I think: Ouch. We are screwed. Now, on to the next thing. An old college "sister" of my wife is in Wisconsin taking part in the protests at the state capital. She posted that the state budget shouldn't be balanced on the backs of state workers. I asked whose back it should be balanced on. She replied, i...