Bad bargain for labor

Let me see if I have this right.

You agree to pay, say, $240,000, for your home. The bank gets the down payment and you make payments faithfully for 10 years. You have a crisis. You cannot make the payments at the agreed level. So the bank gets your house. You get nothing.

You agree to sell your labor to a company for, say, $65,000 a year, part of which goes to a retirement fund, part goes to Social Security and part goes to pay for health insurance. The company has a crisis. The company cannot make the payments to you at the agreed-upon level. So the company takes your retirement fund and stops paying for your health insurance.

But what I don’t understand is why businesses can do collective bargaining with us and that’s good business, but if we do collective bargaining with them it’s a social evil.

Christy Bristow

Spokane