LABOR ECONOMISTS: UNIONIZATION WILL HURT ECONOMY

The University of New Hampshire recently completed a survey of 925 labor
economists on behalf of the Center for Union Facts. It should come as no surprise to any historian of business and astute observers of Corporate America that unions have had an injurious effect on the overall economy as well as on specific industries (e.g., General Motors, the Port of New York, newspapers, etc.).

The surveyed labor economists then went to note that the proposed (and mis-named) Employee Free Choice Act, which would impose binding arbitration on contract disputes, would have a further negative effect on business. More than 2/3 of the surveyed economists believe that Congress should not pass the EFCA. In addition, more than half of the surveyed economists believe that President Obama’s job creation program would hurt the economy.

It is apparent that the government is on the wrong track; and the only reason that it is pursuing a pro-union game plan is that the AFL-CIO, SEIU, and other unions have contributed millions of dollars to elect representatives who will do their bidding.