Monday, March 14, 2011

BloggeRhythms 3/14/2011

I'm still having a hard time trying to figure out why all these union members are still jumping up and down about collective bargaining and benefits.

Now, don't get me wrong here, I certainly understand that no one wants anything taken away from them under any circumstances, and that these folks think they're being financially harmed. But, what confuses me is why anyone would want their wages tied to anyone else's performance in the first place.

I guess there's an upside to union membership, whereas you're guaranteed an equal total compensation package regardless of your job performance. And thus, I can see where poorer performers can gain significantly, because their productivity, skill level or accomplishment doesn't matter. They receive the same pay as those at the top.

But, what about the good ones? Why would they willingly to be tied to this rock of having to carry everyone else on their back? In a free economy, they can depart any time they choose and sell their skills to the highest bidder, like everyone else. And since that's the case, they don't have to carry signs, jump up and down and picket. All they have to do is quit.

And maybe I'm answering my own question here as I type. Because perhaps the top ones do know that they're free to leave any time they please, but income-wise they've maxed out and the free market won't give them higher compensation. Thus it's probable they absolutely know their own worth.

And that means if they want more, they have to unite and threaten as a group, because individually they don't have a prayer of getting anywhere near what they're already paid now. And if it were pure merit pay, they'd likely have to give half of it back.

That's it for today folks.

Adios

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