-By Warner Todd Huston
With this week’s Chapter 11 bankruptcy filing of American Airlines, we again see the results of unions having a hand in destroying American businesses. We also saw GM laid low by union demands costing Americans billions in bailouts. But despite these lessons of the recalcitrance of Big Labor forcing even worse calamities on our jobs climate in this dismal economy, Obama is about to make matters worse by using his powers to regulate to further harm both our business sector and our economy.
Obama likes to stand before the American people and claim that he wants to “help” the business sector. He claims that his crony capitalism is meant to “save” those businesses that are “too big to fail.” But while he stands before the microphones and pretends at being interested in capitalism, he wields his powers to regulate like a club with which to beat down the business sector.
Obama’s latest move — among dozens in the last three years — is to have a regulatory board he controls to issue new rules which would make it harder on business owners to prepare themselves and inform their employees on what it might mean to unionize their workplace.
Continue reading “
With the Economy Down, Obama Looks to Help Big Labor Make it Worse”