Senator Barack Obama recently said, “let’s allow our unions and their organizers to lift up this country’s middle class again.”We don't know if Obama learning this mindset hanging out with the Chicago branch of the Democratic Socialists of America.
Ironically, he said it at a time when Detroit automakers have been laying off unionized workers by the tens of thousands, while Toyota has been hiring tens of thousands of non-union American automobile workers.
Labor unions, like the government, can change prices — in this case, the price of labor — but without changing the underlying reality that prices convey.
Neither unions nor minimum-wage laws change the productivity of workers. All they can do is forbid the employer from paying less than what the government or the unions want the employer to pay.
Thursday, February 22, 2007
Barack Obama, Control Freak
Thomas Sowell on Barack Obama: