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Politics : PRESIDENT GEORGE W. BUSH

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To: Patricia Trinchero who wrote (121153)1/6/2001 9:56:20 PM
From: Bernard Levy  Read Replies (1) of 769667
 
Unions are nothing else than workforce cartels in the
same sense as OPEC is an oil cartel. Cartels attempt
to maintain artificially inflated prices for the goods
and services they provide. This always encourages the
emergence of non-cartel belonging competitors which
gain market share.

This is why unions have atrophied tremendously
during the last 30 years as the industries they cover
(steel, cars...) have either lost market share
to foreign competitors due to lack of competitiveness,
or have shifted jobs abroad to save costs. Unions
in the private sector can only survive by making
sure all market participants are unionized, which
mean protectionism and pro-union labor rules.

I am all for higher wages for individuals in the workforce,
but this can only be accomplished by having a highly
qualified and educated/skilled workforce, since this
is the only way market forces can justify high wages.

There is no space in a competitive economy for low
skilled workers with high paying jobs. This is a fantasy
of the left. The only way high income can achieved for
the great masses is through relentless and permanent
education and training. This is something that even
Clinton understands (or at least pretends to).
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