It is called contract negotiations.  In reading articles about this Verizon strike, they said they need to make adjustments to rising healthcare costs and expenses.  I guess the ACA didn't lower costs as they promised, which isn't surprising.  I saw an article about a major health insurer dropping out of the exchanges next year, which will increase costs even more.

By the way, I think Bernie laid on the hyperbole a little thick when he said they were trying to destroy the lives of working Americans.  No, they are trying to make their company more profitable and control costs, which is the point of business.

The workers on strike are from the Verizon landline business (cable and traditional phones), which has been a declining business for them and all telecommunication companies in recent years.  The vast majority of Verizon's profits come from their wireless division, which is not on strike.  I think it is reasonable that Verizon look to trim costs for a section of their business that is barely profitable and quickly shinking.

Last edited by Brady Bunch (4/21/2016 8:15 pm)

Brady. Regarding the ACA; Medicare part D was a disaster in the first six years.

Costs to recipients were staggering and premiums were no where near what they were saying they would be.

That program had serious problems but it's improved dramatically.

I believe the ACA will eventually do what it was meant to do.