March 08, 2009

Will card check create or cut jobs?

Things are bad, but it could get worse…

Friday, March 6th, 2009 by Chris Singerling

The March 2009 Bureau of Labor Statistics "Employment Situation Summary" shows that 651,000 Americans lost their job in the month of February. This brings the total number of unemployed to 12.5 million and the unemployment rate to 8.1 percent. This is the highest rate in over 25 years.

Ironically, there is an ad running on national cable television from one of the Employee Free Choice Act's (card check) biggest supporters. The ad closes with the line "Because everyone should have the right to work."

All of this on the heels of an economic impact study released yesterday called "An Empirical Assessment of the Employee Free Choice Act: The Economic Implications" by the Alliance to Save Main Street Jobs. This study finds that if the Employee Free Choice Act were signed into law, meaning workers are stripped of their right to a private ballot and small businesses are forced into mandatory binding arbitration, the result would be "a one percentage point increase in the unemployment rate for every three percentage point increase in workers organized." One could conclude that if the Employee Free Choice Act results in a 10 percent increase in unionization, the unemployment rate would increase by more than three percent.

Hypothetically, if the EFCA had been passed in 2007 the unemployment rate could now be over 11.5 percent. This means that 5 million more Americans could be looking for their next paycheck because of the Employee Free Choice Act.

The Employee Free Choice Act will not put people "right to work," but instead the facts clearly state it will put them right out of the job.

 
Comment:
 
The 'Right to work' add sounds even more sinister then the thought of the Employee Free Choice Act creating jobs.  It sounds like their thinking that if they can control the workforce, they can control the balance sheet and take over companies by Government decree that will be coming.  In other words, if there is a profit to be divided, it will go to more employees for the purpose of distributing the wealth. 
 
Well now, if that be their intention and socialism thrives on this logic, you can bet that the prosperity of the business world will fall and the value of the worker paycheck will weaken to make room for any slacker who needs a paycheck. 
 
Be sure to check out the linked website above.
 
R. George Dunn

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