Saturday, February 19, 2011

Labor Negotiations

While I, along with FDR, side with the governor of Wisconsin who wants to change the public unions of Wisconsin and help the state be sustainable financially, there is an even less sympathetic labor battle brewing: NFL and NBA players vs. league owners. Millionaires vs. Billionaires should be the tagling for their battles. The players often mismanage their money and go broke within 5 years of retirement (source). They will probably mismanage this situation and come out losers vs. the owners, who usually have a primary source of revenue and income and treat their team like a side project. It is hard to listen to player grievances when they flash their wealth all of the time. I do sympathize with the NFL players who are beaten to a pulp for the 3-5 years they play.

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