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01-08-2010, 02:42 PM #1
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Unions to Rake in $19 Billion Per Year From Obamacare
$19 billion in likely dues money that these unions will get when helathcare is taken over by the federal government
Unions to Rake in $19 Billion Per Year From Obamacare
By Warner Todd Huston
Friday, January 8, 2010
Over at BigGovernment.com, Don Loos posited an excellent reason http://biggovernment.com/2010/01/07/21- ... obamacare/ about why the big public employees unions are falling all over themselves to help Obama force Obamacare down America’s throats even though their members would lose their lavish healthcare plans as a result.
The reason? $19 billion in likely dues money that these unions will get when helathcare is taken over by the federal government is the reason.
It is true that everyone in the country will be hurt by the current Obamacare policies, it is true that everyone will experience less healthcare coverage at higher costs, it is true that government will ration healthcare and the elderly and very young will find less access to healthcare, it is true that government will destroy the best healthcare in the world. But the bosses of Service Employee International Union (SEIU) and American Federation of State, County, and Municipal Employees Union (AFSCME), Andy Stern and Gerald McEntee, feel that the trade offs will be worth the loss.
… and to be sure neither Stern nor McEntee will lose their own Cadillac healthcare plans regardless.
Loos notes that the SEIU reported last year that once the government takes over all healthcare that it expected to suddenly gain 21.3 million workers to its rolls. Loos calculates that this would mean an additional $10 billion a year in new dues money flowing into Andy Stern’s pockets.
So, as it happens, Stern and McEntee just don’t give a flying fig if their members lose the wonderful healthcare plans they now have (and they will if Obamacare is passed). After all, if Obamacare wins, so do the unions…. and BIG!
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