Tuesday, July 10, 2012

100 % of Nothing is Nothing!

What would you do with this conundrum; a major city in the United States is virtually run out of cash their treasury only contains $130,000 and they'll creditors over $3 million. In other words the city is broke!

They have reached a point where they have been forced to cut their employees to minimum wages of $7.25 per hour. The municipal employee's union has sued the mayor for taking this step insisting their members continue receiving full salaries.

The city has been under a decline in population for over 50 years and the mayor and city council have been trying desperately to find a way to raise revenue so the city can pay its employees. To date the mayor and city council have been locked in gridlock with neither side being able to come up with a solution to the problem.

It would be in the best interests of the union to join the city in trying to solve this problem rather than suing the mayor over a situation that he didn't create. As usual in a situation like this the union has taken a very shortsighted stand. 100% of nothing is nothing!

This is a situation that is facing many cities in the United States and for that matter around the world. We don't know who is to blame, but from appearances all the parties concerned shares equal blame whether it is the municipality or the unions. With all the finger-pointing that has been going on both sides have lost track of the ability to work for a common goal for the good of each other.

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