The Daily takes an in-depth look at the damage Big Labor has done to the Michigan economy reporting: Grand Valley State University economist Hari Singh found that if Michigan had been a right-to-work state, the auto industry would have seen…
The UAW, which purchased among other things, a golf course with members dues money, appears to be hitting the financial skids. The Truth About Cars reports that the union is down to its savings and is running on fumes: A bloated management, run-away costs, declining market share, imploding volume, a sell-off of assets and investments, headquartered in Detroit – what is it? No, it’s none of the Detroit automakers. It is their former nemesis and current co-owner, the United Auto Workers. “Two years after the wrenching restructuring of the U.S. auto industry and the bankruptcies that remade General Motors and Chrysler, the UAW is facing its own financial reckoning. America’s richest union has been living beyond its means and running down its savings, an analysis of its financial records shows. Unless King and other officials succeed with a turnaround plan still taking shape, the next financial crisis in Detroit may not be at one of the automakers but at the UAW itself.” This is the beginning of a special report written by the best in the reporting business, by Deepa Seetharaman and her boss, Kevin Krolicki, Chief of the Detroit Bureau of Reuters, with the help of their team of combat reporters from the Detroit front-lines. “The UAW might have three to five years before its budget difficulties forced a financial crunch, absent changes. The “hand-grenade” math of the projection gave the union less than a five-year window of opportunity to turn things around by winning new membership at foreign-run auto plants, said the person who saw the internal forecast and asked not to be named because of its sensitivity.”
Virginia’s solid Right to Work foundation has helped keep its state budget in the black, its people working, and made it an attractive place for businesses to locate. More importantly it allows Virginia to lived up to Patrick Henry’s…
Virginia’s solid Right to Work foundation has helped keep its state budget in the black, its people working, and made it an attractive place for businesses to locate. More importantly it allows Virginia to lived up to Patrick Henry’s…
From the BigGovernment.com: During Thursday’s House Education & Workforce hearing, U.S. Rep. Joe Wilson (R-SC) described the National Labor Relations Board’s (NLRB) actions as creating a hostile environment for business. Wilson claimed that the pro-Big Labor Obama NLRB created an…
From the BigGovernment.com: During Thursday’s House Education & Workforce hearing, U.S. Rep. Joe Wilson (R-SC) described the National Labor Relations Board’s (NLRB) actions as creating a hostile environment for business. Wilson claimed that the pro-Big Labor Obama NLRB created an…
Development Counselors International (DCI) ranked the top five and the bottom five states, in terms of what states provide an economic climate most favorable to business. The rankings show that states following right-to-work laws held the top five spots, while states following more union-friendly rules held the bottom five spots. DCI asked corporate executives and representatives to name the three states they thought provided the "most favorable business climates," and the three states least favorable to business. Texas ranked #1 in the final survey results, while California ranked dead last at #50. DCI provided this commentary on the results: Common themes of low operating costs and a pro-business environment emerge for the top five [original emphasis]. Positive responses emphasized costs, low taxes and incentive offerings, while negative opinions cited high taxes, anti-business climates and fiscal problems/state deficits. Here are the top five states, in order: Texas, North Carolina, South Carolina, Tennessee, Florida. Here are the bottom five states, starting with with the worst ranked: California, New York, Illinois, New Jersey, Michigan.
Trying to increase the number of workers who are forced to pay union dues as a condition of employment is perhaps the TOP priority for President Obama at the moment. Michael Barone takes the president to task for his consistent refusal to say no to the union bosses. Here is his rundown: [Obama] certainly can demonstrate that he cares about certain jobs -- the 7 percent of private-sector jobs and 36 percent of public-sector jobs held by union members. During his two years and nine months as president, he has worked time and again to increase the number of unionized jobs. Some pro-union moves have a certain ritual quality. Democratic presidents on taking office seek to strengthen federal employee unions. Fully one-third of the $820 billion stimulus package passed almost entirely with Democratic votes in 2009 was aid to state and local governments. This was intended to keep state and local public employee union members -- much more numerous than federal employees -- on the job and to keep taxpayer-funded union dues pouring into public employee union treasuries. In arranging the Chrysler bankruptcy, the Obama White House muscled aside the secured creditors who ordinarily have priority in bankruptcy proceedings in favor of United Auto Workers [union]. That's an episode that I labeled "gangster government." Former Obama economic adviser Lawrence Summers protested that his White House colleague Ron Bloom had made similar arrangements before. But in those cases Bloom was working for the unions, not for a supposedly neutral government.
But, she blames Texas’ job growth on the fact that it is a Right to Work state. From Investor.com’s Ralph R. Reiland: A Labor Chief As Clueless As The President On Aug. 31, with…