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46 comments on NYC Transit on STRIKE!

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tom deplume on December 20, 2005 - 1:45pm Permalink | Subthread | Comments top
If the transit workers are so valuable to the economy then why shouldn't they get a fair share of it. For 25 years transit worker purchasing power has shrunk while per capita economic growth has at least doubled.
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tommy on December 20, 2005 - 2:50pm Permalink | Subthread | Parent | Comments top
I agree that they should get a fair share of the wealth that the economy creates. However, most of the work requires little skills and thus a lot of people can do it.
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step back on December 20, 2005 - 7:59pm Permalink | Subthread | Parent | Comments top
This is a good example of why "price" for anything, be it oil or a TWU workman (workperson) is an arbitrary noise that we human critters make.
We squawk about what is "fair" (whatever that means)
We squawk about "the markets" doing their thing.

If put to a test, most of us squawkers (me included) have no idea what the "fair" noise really represents or what the "markets" noise really represents. We just make noises.

Meanwhile, the sustainability of our "wealth" based society continues to spiral down to demise. How do we more fairly pay for TWU labor when everyone else's labor job gets offshored?, when all the factories get offshored? when all our brain power jobs get offshored? Why does Wall Street have to remain in NYC? Can't it be moved to a cheaper offshore location?

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