Committee Backs Repeal of Job-Destroying Law
Unless it is repealed or dramatically pared back, the IRA is expected to cost American taxpayers $1.5 trillion over the next 10 years and $4 trillion by 2050.
Kentucky’s new governor, Steve Beshear, talks a good game, but don’t expect columnist Jim Waters of the Georgetown News-Graphic to shake his head up and down like a “dashboard bobblehead doll.” Waters wants to know what happens to “good ideas for Kentucky,” like a Right to Work bill, when it clashes against Big Labor special interests with powerful agendas.
Will the governor consider long-term effects and all people or be content to grab short-term political gains? If he chooses the latter, Beshear can join a list of marginal leaders that dwarfs the state’s roll call of courageous governors.
Beshear’s fellow Democrats previously rejected the idea of a “right-to-work” policy, which would prevent employees from being forced to join labor unions or pay dues, whether they came with sufficient benefits or not.
Yet “right-to-work” is one of 16 critical economic variables for states in a new American Legislative Exchange Council report co-authored by highly respected economists Arthur Laffer and Stephen Moore. Without a right-to-work law, Kentucky ranks No. 46 among states – and dead last in the Southeast – in economic competitiveness, the council report shows.
Laffer and Moore report that having a right-to-work law represents one of two economic factors that stand out as “perhaps the most important in attracting jobs and capital.”
Like so many who have asked the same question, we don’t expect to get a surprise answer. When good ideas, like enactment of a Right to Work law, clash against the interests of Big Labor, most politicians take the easy road — they stand with Big Labor bosses and their political coffers against what’s best for their state. I hope Steve Beshear chooses the better road, but have little expectation his rhetoric, about positive change, will match reality.
Unless it is repealed or dramatically pared back, the IRA is expected to cost American taxpayers $1.5 trillion over the next 10 years and $4 trillion by 2050.
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