President Obama orders, more or less, that most stimulus projects must use union labor. (Via the Corner.)
The purpose of a labor union, like any monopoly, is to restrict supply in order to boost prices. For labor, that means restricting employment in order to boost wages for those in the union. Since the supposed purpose of the stimulus package is to create jobs, why would we require stimulus spending to go through organizations dedicated to cutting employment? One might even get the idea that the purpose of the stimulus isn’t actually to create jobs, but to pay off political favors.
[…] of administrations who allow more jobs to be outsourced, more businesses to go offshore, more favors to unions for work on unnecessary public roads, the insurgence of taxes, increased inflation, increased cost […]
[…] of administrations who allow more jobs to be outsourced, more businesses to go offshore, more favors to unions for work on unnecessary public roads, the resurgence of taxes, increased inflation, increased cost […]
[…] of administrations who allow more jobs to be outsourced, more businesses to go offshore, more favors to unions for work on unnecessary public roads, the resurgence of taxes, increased inflation, increased cost […]