Monday, August 18, 2014

Concessions on Both Sides

According to Michael Cooper's report, both management and labor made some concessions in the Met's negotiations. What I find most interesting is that the apparent actual wage cuts for labor were much lower than either the labor allegation that the Met wanted 25% or the Met statement that the Met wanted 17%.

In fact, the cuts, which have some unusual features, are so low that one wanders whether all the sabre-rattling and threats were necessary.

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