NYC Transit Strike

ITT we talk about the transit strike.

I say that the MTA should accede to the union's demands.  Honestly, they had a $1 billion surplus just after they acceepted around the same amount in the bond act.  The MTA needs to shape up, use the money to pay ITS fair share of the pensions it has underfunded, and then use the rest to improve the system, not cut prices on Metrocards for six weeks.

Discuss.

Transit workers should shut the fuck up and get back to work. Their work is worth whatever someone is willing to pay for it.

Here's an idea, put more money in providing better services instead of deadweight; paying for workers you don't even employ anymore. That's the reason why the big three automakers, GM, Chrysler and Ford are falling apart.
 
Socialists are always screaming the workers are "underpaid" and those big bad corporations make so much profit they can afford to pay the workers more. In the short term, the people already working get an advantage but already the cost of employing a person has increased so they will be forced to hire less people. The obvious result being less jobs available in the market and more unemployment. Minimum wage is a fun example of this very effect.

Now, we see the long-term results. Companies straddled with decades of debt, each little "pension" bleeding off a little more until they are struggling to even compete in the marketplace. Now, it's costing those workers the socialists love so much their livelihood as jobs are cut. That's still nothing compared to what will happen if those companies come undone. Socialism is all about leeching off the success of others until everyone is dragged down to the same lowest common denominator. 

>>3
More like they raise prices because they're deep in the red, seeing as, in addition to lack of economic incentive for a state monopoly to improve, there are people trying to bleed it dry.