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[quote user="Cmoney3"] anyways, im done w the thread it was a joke. [/quote] You sir, are a comedy genius.
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Generally nowadays they are only good for causing unemployment and inflation, by artificially raising wages to where companies can no longer compete.
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um, it does if your in a grocery store union apparently. $5 Poptarts anyone. Very similar to car companies with total compensations of $50 to $70/hr for basic line workers. Great job if you can get it and keep it when your company goes under. Obv not good for unemployment and not good for consumers who have to essentially pay for $50/hr limited skill workers in the price of automobiles. Funny how the market eventually corrects the "malinvestment" and it usually hits not only the stupid
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[quote user="stevester214"] Two big benefits of unions are pensions and healthcare (depending on which union, obv). I would say those are the 3 biggest things you get from paying dues to a union. [/quote] Which cause unemployment and inflation for everyone else, and usually sink the companies by eventually making them non competitive with others. See car companies, but thats ok because the taxpayers will bail them out. Because their jobs are more important than any others in the economy
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Such great leadership we have in this country. I watched the whole thing. Geithners pathetic so are most of the people on each side. Being political at the cost of the US economy. Grandstanding on both sides as middle America is suffering. I like how Timothy G. totally ignored the question why the US taxpayer had to pay dollar for dollar for AIG, even though the former CEO was willing to sell at $.40/dollar. But of course that would mean that Goldman Sach would lose huge as there investment in AIG
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