Leftwing outrage is pouring in because Joe Ricketts, a billionaire, dared to manage his money wisely. Ricketts is shuttering Gothamist and DNAinfo two hyperlocal news sites. He is doing so because the entitled millennial leftists who work there decided to unionize and make demands.
Ricketts, instead of giving in, shut down. Prior to the unionization vote Ricketts wrote on his personal blog
I believe unions promote a corrosive us-against-them dynamic that destroys the esprit de corps businesses need to succeed. And that corrosive dynamic makes no sense in my mind where an entrepreneur is staking his capital on a business that is providing jobs and promoting innovation.
I could not have said it better myself. I have known Joe and his family for a while. Ending Spending, which the family controls, has sponsored The Resurgent in the past. The whole family is fueled by success. They know how to turn businesses around and grow businesses. They have become very wealthy by making tough decisions and not putting up with shakedowns and wasteful crap.
A Wall Street Journal reporter accused me of not being a very good Christian for cheering on Joe Ricketts putting people out of work. But these people put themselves out of work. I’m cheering on a successful entrepreneur who isn’t going to be held hostage to the left’s fever dreams. You should be cheering on Joe Ricketts too. And more employers should do this.