Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Moreover, I'm more than happy to pay a little more for things in the long term to ensure that there's enough slack in the system to absorb the shocks that periodically come around. We've just spent almost three years slowly killing everyone in healthcare be…
This approach is taken with regulated utilities and telcos as well--natural gas utilities design their systems with enough capacity to serve all firm customers on the expected coldest day of the year (called a "design day") and circuit switched telephone networks were designed to handle the traffic expected on Mother's Day.
Why America’s Railroads Refuse to Give Their Workers Paid Leave
81–90 of 388 posts
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#82Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Moreover, I'm more than happy to pay a little more for things in the long term to ensure that there's enough slack in the system to absorb the shocks that periodically come around. We've just spent almost three years slowly killing everyone in healthcare be…
Agreed on the strike. Hearing they have 0 sick days (plus penalties for missing) was unbelievable to me. Strike and make it so the rail company shareholders have to live with completely fucking the US economy over their profit margins. And if they do, we all have a duty to point the finger at them.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#83Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Moreover, I'm more than happy to pay a little more for things in the long term to ensure that there's enough slack in the system to absorb the shocks that periodically come around. We've just spent almost three years slowly killing everyone in healthcare be…
Agreed. This is a huge opportunity to reset employment terms, and not just in this industry. Also, allegedly many current railroad workers started in 2004 and will be eligible to retire in 2024. If we don’t fix this now, we’ll be in a worse position in a year or so. All who can will retire, and recruiting new hires will be even harder. Long term, we probably need to bust up the railroads and create a nationalized and…
This isn't a push against your overall point, but I think a larger systemic view is necessary. E.g., maybe the idea of retirement after 20 years is outdated. Or maybe the system needs to be re-thought in terms of how to keep that paradigm funded, particularly in economies with declining birth rates.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#84Rail companies are getting the blame here, but the real problem is that paid leave isn't a statutory employment right protected by law. Here in the UK full time employees are entitled to 28 day paid annual leave, although I have work for companies which offer more, while pay is seperate.
Another possible causal factor is just that labor is weak in the US, and thus is unable to win sick days from their employers AND is unable to convince congress to pass universal sick days either. If that’s the case (I’m biased to say yes) these rail workers really need to strike. Voting for blues obviously isn’t cutting it.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#85Earlier quoted context omitted.
I agree with the sentiment of your post. I can absorb a 10% bump in prices without really blinking. But the bottom 50% of Americans cannot. I wish it was as cut and dry as telling them to just strike, but I don’t think it’s that simple.
It's not the railroad workers' fault that half of Americans can't afford food and basic necessities.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#86Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Moreover, I'm more than happy to pay a little more for things in the long term to ensure that there's enough slack in the system to absorb the shocks that periodically come around. We've just spent almost three years slowly killing everyone in healthcare be…
>>>Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Each day the rail industry strikes costs 2 billion dollars. This type of loss would most certainly have a permanent effect on prices. Given how bad inflation is currently, this would further drive inflation higher. This complicates the decision to strike…
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#87Fuck the shareholders. Strike. Yes, I am absolutely willing to pay more in the short term for things so that people are treated with a little basic human decency. Moreover, I'm more than happy to pay a little more for things in the long term to ensure that there's enough slack in the system to absorb the shocks that periodically come around. We've just spent almost three years slowly killing everyone in healthcare be…
Agreed on the strike. Hearing they have 0 sick days (plus penalties for missing) was unbelievable to me. Strike and make it so the rail company shareholders have to live with completely fucking the US economy over their profit margins. And if they do, we all have a duty to point the finger at them.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#88Earlier quoted context omitted.
That's shifting where the pie goes. It's not making more pie.
Shifting pie can be very useful. Consider the situation: One super rich gets 100 million and 100 ordinary people get 100k. The super rich has an upper limit for expenditure because he is still a human being. However if all 100 ordinary people get extra 10k which is paltry, they will probably spend it all to boost economy. $$ is useless if not flowed through economy.
Regardless, that's not really the point. The point is that if the unions want sick days it's perfectly within their capability to provide it since their salaries are quite high.
Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#89Re: Why America’s Railroads Refuse to Give Their Workers Paid Leave
#90Earlier quoted context omitted.
It's not the railroad workers' fault that half of Americans can't afford food and basic necessities.
You're not wrong, but policy is often not crafted on just the concept of fairness, but also other considerations like the stability of society.
The way events seem to unfold is that asset owners get to take societal stability to the brink to maximize profits, and then non asset owners are the ones forced to blink to prevent societal instability. Aka privatize the profits, socialize the losses.