Via Lady Grey / FB:
Many
Americans think unions drag down the economy over all, but scholars
disagree. American auto unions are often mentioned, but Germany’s car
workers have a strong union, and so do Toyota’s in Japan and Kia’s in
South Korea. In Germany, the average autoworker earns about $67 per hour
in salary and benefits, compared with $34 in the United States. Yet
Germany’s car companies in 2010 produced more than
twice as many vehicles as American companies did, and they were highly
profitable. It’s too glib to say that the problem in the American sector
was just unions.
Or look at American history. The peak years for unions were the 1940s and ’50s, which were also some of the fastest-growing years for the United States ever — and with broadly shared prosperity.
Read more: http://nyti.ms/185T39t
And thank a union it's Friday.
~ Lady Grey
Or look at American history. The peak years for unions were the 1940s and ’50s, which were also some of the fastest-growing years for the United States ever — and with broadly shared prosperity.
Read more: http://nyti.ms/185T39t
And thank a union it's Friday.
~ Lady Grey
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