Like I said.
When I finally hear and see how the higher ups don't get *their* interests rewarded or skip out of town with their nice packages for running things so poorly while the rest of us take the fall then I'll reverse my stance on unions still serving a role in today's economic world.
Of course, with the great financial crisis of our lifetime unfolding, who knows what's going to happen next for anyone.
Technically, they are just running away with their money. CEO (and related) salaries are approved by shareholders. If a CEO does a horrible job of managing things, the investors are the ones left holding the bag. Out of this whole financial crisis, the people who are really being hurt are the pensions and funds which invested in Lehman, Bear Stearns ect... Why none of the major investors raised a stink at some of the, ahem, questionable decisions of management is beyond me.
Once again though, this is about
public sector unions, not private ones. The economics of private sector unions are debatable, but it's not what I want to get at. I think everyone here would agree that the government has a mandate to improve the lives of it's citizens by passing legislation, maintaining programs and such. Buried somewhere in here is the idea that governments have an obligation to look out for society's disadvantaged.
So, we look at a service like the TTC, intended to provide Torontonians with reliable mass transit first and foremost. That a large number of these riders are riders of neccesity, not choice, is worth keeping in mind. How is this goal aided by unions securing highest pay clauses and guaranteed pay rises? The TTC employs roughly twice the amount of staff as during the 1980s with similar ridership levels. Increased maintenance requirements can justify part of this, but certainly not all of it. Personnel routinely commit thousands of hours of overtime individually on unskilled tasks without management taking advantage of part time labor. Union leadership even campaigned against the Scarborough RT being built as an automatic system (despite it being explicitly designed as such) for the sole purpose of providing jobs.
How does that satisfy the TTC's mandate, to provide mass transit service to Torontonians? How are we, the owners and users of the system, benefited by this arrangement? I am not proposing paying TTC staff slave wages, placing them in unsafe work environments or anything contrary to existing labor regulations. Simply pointing out that the owners of the system, that is the taxpayers, are not being given appropriate oversight over the system. Who looses? The users. I myself had to live through endless cutbacks and fare hikes while union employees received guaranteed pay hikes. I was lucky in that I am relatively well off. The true looser in this arrangement is the rider of necessity who is locked into endless service cuts and fare hikes just so middle class residents can enjoy absurd benefits.
I am always surprised by the willingness of Toronto's "socially conscious" crowd to throw these people onto the tracks of union bureaucracy. Apparently socialism has become forcing the poor to pay exorbitant fees for the middle class. That the only defence for this behavior is to point out companies like Lehman Bros is proof of this casual disregard for TTC users. The owners and users of the TTC aren't rich aristocrats living in Rosedale and they don't make profits off of cutting employee wages. They are ordinary people, being screwed so a small crowd of middle class people can feel smug about their social awareness.
If the ATU 133 or CUPE existed in Soviet Russia, they would immediately be labeled Kulaks.