Labor Unions Don’t Know How Good They Have It
BigGovernment.com
Posted Sep 4th 2010 at 3:31 pm
by Publius
From Business Insider:
As everyone should know by now, my main concern with unions is specifically with public unions. While I do not care for unions at all, and never have, at least with private unions, someone other than corrupt politicians buying votes is bargaining at the other end of the table.
In the case of public unions, if politicians strike a bad deal, taxpayers foot the bill. In the case of private corporations, if management strikes a bad deal, the company goes bankrupt, shareholders take a hit, or the jobs move elsewhere, as soon as the contract is up.
Except in few cases every now and again, private unions just cannot seem to understand this simple economic fact.
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