Jay Maynard (jmaynard) wrote,
Jay Maynard

  • Mood:

Why Wall Street might want a strike at NWA

wbwolf asks in a recent LJ entry, "why would anybody hope for a strike to occur?" He then posts a thoroughly left-wing take on why strikes are bad but sometimes necessary, without once considering the company's side of the story.

This article at CNN/Money has a bit more explanation; basically, the Wall Street view is that Northwest Airlines has to get its costs down, and the strike will actually help NWA do just that. By doing so, it will decrease the chances that the airline will have to file for bankruptcy.

I still don't see why the union is preparing itself for this course of action. No, their choices aren't very palatable, but how can they possibly think that they'll gain a better deal this way than by accepting NWA's offer? The results of a successful strike will be either forcing NWA into bankruptcy, or making themselves irrelevant and allowing NWA to hire replacement workers. That's what I don't get, myself.

  • Someone should print this poster

    In case you can't read it, it says: VINDICATION: When the loudest critic of your policies achieves his greatest success because of them. (hat…

  • Took him long enough...

    So, President Obama finally released his birth certificate. Now we can put the matter to rest. Personally, I've always thought that whether he was…

  • Fun fact for the day

    1337% of pi is 42.

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded