The Same Reason Unions Do Everything … Hint ( It’s Not For Your Benefit )
It’s All About The Money
” Wal-Mart employees may not know this, but the United Food and Commercial Workers International Union, which organized Black Friday’s “strikes” outside their stores, has a serious problem. Its pension funds are failing.
Most are in critical status (defined as less than 65 percent funded) or in endangered status (less than 80 percent funded), according to the union’s own reports to the U.S. Labor Department. Without an infusion of new cash, they will not be able to pay all their obligations to future retirees.
That’s why the UFCW seeks to sign up 1.4 million Wal-Mart employees — to inject fresh money into its failing plans. This union, with 1.3 million members in North America, has been unsuccessfully battling for years to organize Wal-Mart, the world’s biggest retailer. “
If You Want To See What The Unions Are Really All About Go To UNION FACTS And See Where Their Priorities Lie .
” Full time work is about to get scarcer. The reason? By hiring part-time workers who put in less than 30 hours per week, employers can avoid a mandate dictated by the new health reform law: either provide expensive health insurance or pay a fine equal to $2,000 per worker. Avoiding the mandate becomes even more attractive for low-wage employees, since they can get highly subsidized insurance in the newly created health insurance exchanges. According to the Wall Street Journal:
- Darden Restaurants [parent of Red Lobster and Olive Garden] was among the first companies to say it was changing hiring in response to the health-care law.
- Pillar Hotels & Resorts this summer began to focus more on hiring part-time workers among its 5,500 employees, after the Supreme Court upheld the health-care overhaul.
- CKE Restaurants Inc., parent of the Carl’s Jr. and Hardee’s burger chains, began two months ago to hire part-time workers to replace full-time employees who left.
- Home retailer Anna’s Linens Inc. is considering cutting hours for some full-time employees to avoid the insurance mandate if the healthcare law isn’t repealed.
- In a July survey, 32% of retail and hospitality company respondents told [Mercer] that they were likely to reduce the number of employees working 30 hours a week or more.
Clearly the Affordable Care Act (ObamaCare) is a major factor holding back economic recovery. But it’s not alone. Other public policies enacted during the Obama administration’s first four years have been affecting the supply side of the market. “
Illustration By Glenn McCoy
” President Obama’s Top 9 Biggest Lies”
“President Obama brazenly accused the Republicans of being liars, so it’s only fair game to look at the president’s own monumental
record of “fibs.”This list of Obama’s top ten biggest lies is by no means exhaustive.
An explanatory note is in order. A lie is something said to deliberately mislead people or is otherwise a broken promise that one could
honor. One of the reasons it has been deemed politically incorrect to call someone a “liar” is because the government and the mainstream media want to do it constantly without being called on it.”