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March 19th, 2010 1:30 pm
More SEIU Shenanigans

Here’s yet another reason to flay Andy Stern’s leadership of the Service Employees International Union (SEIU).  One of the biggest motivators behind the union’s support for Obamacare is the belief that requiring an individual mandate to buy insurance will create more health care jobs ripe for unionization.  Just in time, too, because SEIU is apparently incapable of adequately funding its own pension plans.

What’s the connection? The SEIU needs more new dues-paying members to pay for the retirement of current members if it is to rescue its pension plans from subpar performance. It’s a Ponzi scheme that would make Bernie Madoff proud. With many of its members employed in health care, the union believes – not illogically – that if more Americans have health insurance, the demand for health care will expand and so will employment in the health sector.

Who says the Democrats aren’t focusing on job creation?

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