Study: Right to Work Attracts Venture Capital
Banning Forced Union Dues Found to Increase Investment by 68-82%
Jim Walters of the Georgetown Kentucky News-Graphic understands that it will take “new ideas and leadership backbone” to move Kentucky forward economically:
. . . Kentucky’s next governor could wield a positive influence over the commonwealth’s sluggish economy by going south of the border, grabbing Tennessee’s right-to-work policy and bringing it back.
Right-to-work laws simply protect employees from being forced to join unions or pay dues whether or not the benefits are worth those payments. The government doesn’t force any other citizen to pay dues to an organization. Rather, citizens voluntarily choose which organizations to join and support. Union membership should be no different.
Kentucky is at a disadvantage with their Right to Work neighbors like Tennessee when competing for jobs.
“Five nearby right-to-work states that often compete with Kentucky for new jobs – Georgia, Virginia, North Carolina, South Carolina and Tennessee – averaged nearly 287,000 new jobs between 1996 and 2004, the bureau reported. Kentucky added a measly 83,477 new jobs during that same time period,” Walters notes.
If Kentucky is to prosper, it needs a Right to Work law.
Walters gets it.
Let’s hope Kentucky’s next Governor and state legislature understands as well.
Banning Forced Union Dues Found to Increase Investment by 68-82%
“Both because of their substantial net taxpayer losses due to domestic migration, and because the taxpayers they gained reported $13,469 less income apiece than the taxpayers they lost, forced-unionism states lost a total of $65.7 billion in AGI in 2021 alone.”
The Evidence is In: Forcing Workers to Join Unions Destroys Good-Paying Jobs