Let's look at this through a financial lens. The unions which make up a smaller and smaller part of the total work force get unbelievable large pensions. They put in a minor amount and receive upwards of $36,000 to $50,000 to $75,000 to $100,000 to $150,000 per year; and many get more. Where does this money come from?
The money comes from Real Estate taxes and State Taxes for the most part. That means every home owner and anyone in a state with an income tax has part of their taxes going to pay for these pensions. Most of the people
who pay these real estate taxes and state taxes will never get a pension for a variety of reasons. But the unions
always demand more and get pensions for their members while the economy is barely limping along. Just plain greedy. That's my opinion. When 18% to 21% of working age people are unemployed the unions are not
satisfied to keep their jobs, they always ask for more. And that MORE comes right out of your wallets.
The way I see it in America today, it is the non-union people versus the unions - and definitely not low earners versus high earners. The class warfare is more about the union class taking from all the other non-union people. The unions are in fact a re-distribution of money channel. The unions are a very greedy group of people.
Think about this when your state raises your tax rate or when your real estate taxes go up while the price of
your home goes down. But the union members will be getting their share.
And that's the way I see it...
Straight Talk with Jay Clifford
