Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (109202)	3/2/2010 6:36:58 AM
From: Hawkmoon	Read Replies (2) of 116555

Got a question Mish.. What happens when these public union members opt to go on strike? I'm unsure of how extensively current labor law protects a worker's right to strike, but I'm fairly sure it's a high hurdle for management to outright fire them. Thus, one has to wonder whether cost savings from public "union busting" will disappear in future litigation? I still recall the PATCO strike back during the Reagan years.. But those folks were declared to be critical staff who's right to strike was curtailed. The last thing we need to see is widespread labor unrest that shuts the country down. And certainly not when it's executed so poorly that legal protections are trampled upon and opens the government's (taxpayers) up to future liabilities. Hawk

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