Most professional sports are in serious financial trouble these days. The owners are complaining, the players are complaining and the unions are yelling louder than anyone else. Why? Because the teams say they can't make a profit with the current labor agreement.
That sounds just like the same problem that States and the US government have. We have committed way too much money in union contracts and have no way of paying for it. There are bench warmers in sports making 10's of millions of dollars a year and they do nothing for the betterment of mankind.
I am a true believer in a free economy and I think the solution is obvious: fiscal restraint. Don't spend what you don't have. Let's turn the clock back 40 years when pro athletes had to have off season jobs to make a living and there were no luxury boxes.
I'll get back to tech stuff next time.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment