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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: critical_mass who wrote (63568)	5/6/2005 4:26:10 PM
From: energyplay	Respond to of 74559

The US unions have not been as vocal on external investment. Unions did not have as large a percentage of the work force. Unions do not have as much political clout in the US. Large segments of the US work force have low support for unions. Right wing and libertarians for obvious reasons. Left wingers because of (some) union's past support for the Viet Nam war, and SLOW action on civil rights. A larger number of US workers are more interested in getting rich, maybe by buying real estate, maybe by stock market investments, than showing solidarity with other workers. Companies initially built new plants overseas, instead of moving existing jobs. A few of the heavily unionized companies were able to reduce employment by attrition or retirement buyouts. Labor mobility in the US being higher than Europe, this was accepted by most unions. The unions did fight strongly against Nafta, and some about China's Trade status (MFN). They lost the first, and were able to slow the later, but they mostly lost. I don't know if this exists in Europe, but there not too small slice ( more than 2 %) of the libertarians and a few conservatives who very strongly opposed to unions, and would like to see them prohibited and destroyed. They would also like to see the union leaders fed to sharks with laser beams on their heads...