Stopping strikes before they start

My friend Ed makes a suggestion. Fleshed out with my own take on it, it
runs like so:
Why not avoid all the insanity of a strike and strike preparations,
which are pricey in their own right, by making a modification to the Taylor Law
that prohibits public employees from striking? Instead, change it so
that all contracts for public employees must be settled by one full
year prior to expiration. If no agreement is reached, they will be sent
to binding arbitration to be ruled on not less than 6 months before
expiration; such arbitration is binding for no more than one fiscal
year, to give time to rehash out the issues again.
This little addition to the law could have save New York City $10
million dollars in implementing contingency plans yesterday. Wouldn’t
that have been nice to have back in these cash strapped times?