Reply to UPS TO pay drivers $170,000

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This should be exhibit A whenever people try to tell you that unions are a bad thing.[/quote]

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship. [/quote]

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.[/quote]

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society. [/quote]

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from  supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them. [/quote]

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