I could be wrong. It’s happened once or twice before, unless I’m mistaken.
I am no expert in economics but it doesn’t take much to realize the negotiations have fallen short of falling short of falling short…AGAIN!
In fact, I don’t believe we have ever seen such a sellout in collective bargaining than we are witnessing here…
It brings new dimension to the concept of betrayal. I have mentioned it time and again. Was there even a single person negotiating on our council’s behalf?
It doesn’t seem like it. Either that, or they settled before knowing inflation hit 4.2%. We should consider voting not to ratify this joke of an agreement. It’s a simple choice!
The 2.5% cost of living/wage increases put us in a deeper hole year after year! Our wage increases would have to be 4.2% if we were paying ZERO TAXES, to keep pace with current inflation. If anyone’s tax rate is 15% we’d need a wage increase of 4.9% to break even. They are not!
Next year, and next year, and next year will be even worse.
We would have to raise our wages 5.60% to break even with inflation if our combined tax rate was 25%. Adding 1.4% in wages is required to pay the tax bill alone.
None of this makes sense. It is truly maddening that no one is acting competently on our behalf while we face such daunting headwinds in the affordability crisis.
We have to send the DGA a signal that we don’t want our livelihoods bargained away to oligarchs and mega-merger CEOs getting richer and richer while we suffer more and more.
AND it gets worse…I asked President Nolan a question at the annual meeting:
“Like the United Kingdom recently addressing social media laws to protect children, and in regard to the potentially illegal mega-mergers threatening our first amendment rights AND the Free Press across the globe, as well as a techno-fascist authoritative state threatening the soul of our own country with super intelligence’s attack on society, what is the DGA doing to band together and partner with our sister unions to stand with and protect us from what is being referred to as the disempowerment of humanity?“
I thought the director of Oppenheimer was the perfect person to handle an important existential and nuanced question about humanity without making fun of it.
I was wrong…AGAIN.
Good luck to us all.
Doug
