The fall and rise of unions …

Great chart in yesterday’s WSJ.

The point of the article was the power of public unions.

My take: the steady decline in private sector unionization.

Why?

Not because company workforces have de-unionized, but because union companies have either (1) moved to non-union regions of the U.S., or (2) have off-shored operations, or (3) have gone out of business – collapsing under the weight of union wage & benefit scales.

Interesting analysis: I’d like to see a mapping of state tax rates against the presence of public employee unions.

My hypothesis: a very high correlation …  in part, indicating a vicious cycle: public unions drive up gov’t expenses – which drive up tax rates –  which drive companies & industries out of the states – which narrows the tax base – which drives up tax rates – which …

Surprised no pundits have jumped on that yet.

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http://online.wsj.com/article/SB10001424052748704615504576172701898769040.html?mod=djemEditorialPage_h

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