IBJOpinion

Unions doom workers

November 27, 2010
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IBJ Letters To The Editor

[In response to a Nov. 15 Focus story] the quote by Unite Here spokeswoman Becky Smith, “They [hotels] often take the profits they reap in this market and plow them into other markets or ship them back to the corporate headquarters,” speaks volumes about organized labor.

Just imagine the novel concept of a business making a profit and then deciding whether to reinvest in other ventures or share the profit with shareowners! How quaint an idea in this day and age! This trite and arcane concept of businesses existing for the benefit of their shareowners and not for the benefit of their employees, if not eradicated immediately, could become contagious and spread throughout our country.

Corporate profits could make future bailouts unnecessary and actually create jobs and opportunity in the future. How could we possibly live in a world without bailouts and government stimulus programs? There is a word to describe businesses that do not reinvest their profits nor share them with their shareowners: bankrupt.

Unite Here, if successful in their organizing efforts, will help their workers join millions of other Americans in the unemployment line. The necessity of right-to-work legislation in Indiana has never been greater.

____________

Craig L. Dunn
Liberty Financial Advisors LLC
Kokomo
 

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  • Yes...but...
    There is nothing wrong with a business making a profit but you're missing the point of that comment. The business wouldn't be making a profit if it didn't have dedicated employee's doing more than what is asked. They are not asking for 100% of the profits to be given to the employee's, they're looking for a small percentage, more than a 3% raise. If the business is wise and wants another successful year then give a small incentive to continue. A happy workforce is a productive one that will save money by cutting down on having to train new hires. Look, it's unfortunate it takes the threat of unionizing to get a crumb and all of that could be avoided if hotels and other industries showed a little appreciation to their workers.

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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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