Will Team Biden Weaponize Workers’ Pensions?
Big Labor abuse of worker pension and benefit funds as a means of advancing union bosses’ self-aggrandizing policy objectives is a familiar phenomenon.
Not only does Right to Work free workers from compulsory unionism, it is directly responsible for new jobs in Indiana. According to Indiana Governor Mitch Daniels, he is having conversations with 31 companies because Indiana lawmakers passed the Right to Work Act. From Eagle Radio:
“We’ve already signed new agreements with three companies. One announced and two to come soon,” said Daniels. “There are 31 companies as of Friday night now in negotiation roles who have identified right to work as a major, if not the major, factor in their interest in Indiana.”
“With its low tax environment, robust infrastructure, superb logistic support network and right-to-work status, Indiana was a no-brainer location for us,” MBC Group president Eric Holloway said in the statement.
MBC – with its headquarters already based in Indianapolis – announced last month it plans to create up to 101 new jobs at the former J&J Packaging plant … “I probably underestimated how important an addition to our already excellent business climate (right to work) was going to be,” Daniels said.
Big Labor abuse of worker pension and benefit funds as a means of advancing union bosses’ self-aggrandizing policy objectives is a familiar phenomenon.
What impact does handing a union monopoly power to deal with your employer on matters concerning your pay, benefits, and work rules have on your pay?
Wherever Big Labor wields the power to collect forced union dues, union bosses funnel a large share of the confiscated money into efforts to elect and reelect business-bashing politicians. Employment growth tends to lag as a consequence.