Thread: Unions
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Old 12-05-2003, 06:27 AM   #57 (permalink)
apechild
Crazy
 
Location: Vermont
What are some of the most heavily unionized industries out there?

Let's see...

There's the steel industry, which is decaying faster than any tariffs can ever protect it...

There's the auto industry, where the Big 3 are now facing enormous underfunded pension liabilities and are teetering on the brink of ratings downgrades that would bring their bonds below investment grade ("junk" bonds)...

There's public education and the infamous NEA - and we all know how well teachers are paid in this country and how much the quality of education has improved...

There's the airline industry which is, well, mostly bankrupt (United, US Air just emerged, American and Delta are on the brink... and remember Eastern? TWA? Pan Am?)...

Draw your own conclusions...
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