Tuesday, February 23, 2010

State of the Unions

It’s been awhile since I’ve seen a level-headed report about the state of unions in America. I liked this line the best:

”2. Unions are bad for economic growth.

Economists on the left and the right can debate this one for days. The pro-labor side has a strong argument: The period of highest union penetration, from the 1940s to the '70s, was also a period of sustained economic growth. “

And at the risk of taking the spotlight off unions, it was a period of high taxes too. Well, at least on the people with high incomes. Neither fact fits into the Conservative narrative, which -- in my book -- makes the narrative fiction.

Enjoy the article.

Five myths about the labor union movement

Don Brown
February 23, 2010

No comments: