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.
You have to figure that the brain trusts at the National Labor Relations Board didn’t think about the impact that their efforts to punish companies that move to Right to Work states would have on non-Right to Work states.
But those arguments became front and center at a House hearing on the issue when Rep. Blake Farenthold (R-TX) said “New businesses won’t want to locate in union states, because the same thing that is happening to Boeing will happen to them. It creates the impression that we dont want to start up in those states, because once we grow up were stuck.”
The NLRB decision essentially creates a “Roach Motel” for companies that decide to locate in non-Right to Work states — they can check in but they can never check out.
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.