Why do Public Sector unions exist?

[OfTheCross]

The unions aren't "bankrupting" any state, I'm still confused by how this clearly absurd narrative was able to drill into common parlance. Especially since its a narrative that was created by right-wing think tanks

Overall not bad. Some places need serious reform and are about to go bankrupt, though. But then again, this only looked at States. I imagine that Counties and Cities might have their own issues.



How Well-Funded Are Pension Plans in Your State? | Tax Foundation

Kentucky faces the largest deficit, with its plans only 34 percent funded. New Jersey follows at 36 percent funded, with Illinois only slightly better at 38 percent. According to Pew, these three states each increased their pension contributions in 2017—enough to slightly improve their funding ratios, but not enough to keep their debts from increasing.

Pension plans in Wisconsin and South Dakota are in the best shape, with funded ratios of 103 and 100 percent, respectively. Tennessee is right behind with a 97 percent ratio.

Twenty states have pension plans that are less than two-thirds funded, and five states have pension plans that are less than 50 percent funded.

 

[Wild self]

Higher Learning is getting more and more Republican I see.

They want to drive a Bentley on pothole-ridden holes, pay no taxes, and stunt on broke people.

 

[EndDomination]

Question should be why don't more private sector unions exist. Unions are responsible for a large portion of the middle class and some of you want to have them killed.

There are a bunch of factors at play: (1) anti-union campaigning for decades from the largest companies have killed off a lot of the will to unionize; (2) states have enacted right-to-work laws to slow things down, conservative Supreme, federal courts, and National Labor Relations Boards have killed a lot of labor protections and messed with a lot of the campaign rules to empower companies to block things, and; (3) with so much of the population in service and "contractor" jobs, both the methods of union campaigning and the labor laws have failed to keep up - companies have gotten smart and push back against the ability for many in these groups to collectively bargain (those rise-and-grind campaigns are backed by companies to convince people they don't need to work together, but that instead, they should work tirelessly not heir own and that they'll be in the C-Suite soon because of that).

 

[Rell Lauren]

Overall not bad. Some places need serious reform and are about to go bankrupt, though. But then again, this only looked at States. I imagine that Counties and Cities might have their own issues.



How Well-Funded Are Pension Plans in Your State? | Tax Foundation

Kentucky faces the largest deficit, with its plans only 34 percent funded. New Jersey follows at 36 percent funded, with Illinois only slightly better at 38 percent. According to Pew, these three states each increased their pension contributions in 2017—enough to slightly improve their funding ratios, but not enough to keep their debts from increasing.

Pension plans in Wisconsin and South Dakota are in the best shape, with funded ratios of 103 and 100 percent, respectively. Tennessee is right behind with a 97 percent ratio.

Twenty states have pension plans that are less than two-thirds funded, and five states have pension plans that are less than 50 percent funded.

There shouldn't be a pension at the taxpayers expense. Roll them over to a 401K or IRA.

 

[DEAD7]

Because they're workers.
As a worker, you should have some democratic say in your work.

Nah, state imposed monopolies shouldn’t be treated the same.
Their leverage is too great, and tax payers will always lose.


In the private sector I agree.

 

[DEAD7]

Question should be why don't more private sector unions exist. Unions are responsible for a large portion of the middle class and some of you want to have them killed.

They make it difficult for companies to compete in the global market.

...back in the day when the world was a much larger place, unions made sense. Now we need to look at alternatives like a UBI.