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It is in my opinion that Unions have to restructure, turn around their ethics as well as government to restore our nations Industrial workforce, There Greed has stolen our Country. Senior citizens living longer are blamed for Social Secuity failing. It is possitively the loss of income paid into it from the loss of our industry to china, Mexico and india etc. Those container ships as I see them, are bringing in products that used to be manufactured in the USA. Those trains you waite for at a crossing? I used to be a fireman on one of them and we would push empty box cars into our industrial sections of Cleveland one day and pull them to the main line filled with manufactured goods the next day. Those containers are in many cases a semi trailer that was loaded in China and etc. loaded on a ship and across the ocean to our railroads and to Wall*Mart and etc. Did you notice in my opinion, the star of China between Wall*and*Mart, Target and Cosco, etc.Steel Autos No more backbone?

2007-01-24 13:12:57 · 4 answers · asked by bmiller31@verizon.net 1 in Social Science Economics

4 answers

unions are characterized as monopolies of labor. Originally unions did have a purpose, the exploitation of people from terrible work conditions required a solidarity, but your right, they took it too far and have choked many bsns out of the North to the South where unions are not very strong.

2007-01-24 13:23:20 · answer #1 · answered by Adam 4 · 0 0

Everyone working pays social security regardless if they are actually producing goods or selling them at Walmart. Social security has not lost income. But is being exposed for the ponzi scheme it always was.

As long as the population kept growing there would always be more workers paying social security than drawing it. But two things have happened to change that. #1 is the baby boom which began in 1946 and ended sometime in the 1960's. These folks will be retiring in 2008 and there are more of them than any other group. That in itself would be enough to swamp out social security. The second is that people are living a lot longer but requiring much more care.

Just like any other Ponzi scheme those that got in early came out pretty good. But those that follow are going to get shafted. By 2010 or 2015 social security will still be in the black on paper. However, the cash flow required to fund the benefits is going to have to come from somewhere else. Because the outgo will exceed the income. And there is no cash reserve. The social security trust fund is nothing more than a government IOU, which will require tax dollars to convert it to cash.

2007-01-24 14:20:13 · answer #2 · answered by Roadkill 6 · 0 0

US labor unions are one of the principal causes of their and our
own manufacturing demise...

2007-01-24 13:22:21 · answer #3 · answered by Anonymous · 0 0

ss will be elimantedin ten yrs

2007-01-24 13:21:09 · answer #4 · answered by todd s 4 · 0 0

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