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Showing posts from November 23, 2012

Union Job Killers Claim Another Victim

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One of America's best known and loved snack brands appears to be headed for certain death. Hostess Brands, the 85 year old maker of such beloved snacks as Twinkies, Ding Dongs, and Wonder Bread will shut its doors after failing to reach a deal on pension and benefit cuts with its bakers union. The closing with cost more than 18,000 workers their jobs, the closing of 36 plants and further add to the country's unemployment woes. The trouble began when when the January 2012 bankruptcy allowed Hostess to force the bakers union to accept an 8% wage cut and increased health care cost for employees. A subsequent strike on November 9th resulted in tense negotiations over the new agreement . The teamsters union accepted the deal, the bakers union refused to accept any more wage cuts, giving Hostess no choice but to ask the court for permission to liquidate. The ability of union cult members to remain unaware of their irrelevance is astonishing. Unions have killed off economic growth