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Showing blog posts by Stan Sorscher

Income Inequality: The 12 Cookies Joke

Photo courtesy of Flickr Creative Commons.

This is a cross-post from Huffington Post by Stan Sorscher, labor representative for the Society of Professional Engineering Employees in Aerospace/IFPTE Local 2001 ( SPEEA /IFPTE).

A CEO, a Tea Party member and public employee sit at a table with 12 cookies on a plate. The CEO grabs 11 cookies and tells the Tea Party member, "You better watch him. He wants your cookie."

The CEO took 11 out of 12 cookies. This isn't a question of what's fair. The CEO has the economic power to take 11 cookies—and he does.

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So-Called Free Trade—Bad Policy and Wrong Debate

This is a  cross-post  by Stan Sorscher, labor representative for the Society of Professional Engineering Employees in Aerospace/IFPTE ( SPEEA/IFPTE ).  An editorial in my local paper is a good example of how we trivialize our public discussion of globalization and trade policy. The editorial follows this logic: Trade is good. All trade is good. More trade is better than less trade. Maximum possible trade! Anyone who disagrees is protectionist or resentful.

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